1.  All fees collected pursuant to NRS 278.3295 and subsection 6 of NRS 445A.860 must be deposited in a separate account created in the State General Fund. The State Department of Conservation and Natural Resources shall administer the account.

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2.  The money in the account must be expended only to pay for the costs to carry out the provisions of NRS 278.3295, 278.335, 278.377 and 445A.800 to 445A.955, inclusive, or for any other purpose authorized by the Legislature.

3.  The interest and income earned on the money in the account, after deducting any applicable charges, must be credited to the account.