Funds must be made available to all state agencies, institutions, and departments from a preliminary planning revolving fund in the state treasury under the control of the director of the office of management and budget for studies, planning, architectural programming, schematic designs, and cost estimates relating to proposed new capital improvements and major    remodeling of existing facilities. State agencies, institutions, and departments interested in obtaining planning moneys shall submit a written request detailing the scope and purpose of such project to the director of the office of management and budget. The director shall file such request with, and shall present the director’s recommendations regarding the proposed project and necessary planning moneys to the legislative assembly or the budget section if the legislative assembly is not in session. Funds may be advanced only if an authorization has first been received from the legislative assembly or the budget section. Any request considered by the budget section must comply with section 54-35-02.9. Such funds advanced must be repaid to the preliminary planning revolving fund as moneys become available through legislative appropriation or other sources for the commencement of the project.