(a) There is created as a special account in the general fund the Alaska veterans' cemetery fund into which shall be deposited appropriations to the Alaska veterans' cemetery fund.
(b) Beginning with the appropriations for the fiscal year beginning July 1, 2008, on an annual basis and under AS 37.07 (Executive Budget Act), the legislature may appropriate amounts from the Alaska veterans' cemetery fund to the Department of Military and Veterans' Affairs for the construction, operation, and maintenance of the Alaska veterans' cemeteries established under AS 44.35.035.
(c) Appropriations to the Alaska veterans' cemetery fund are not one-year appropriations and do not lapse under AS 37.25.010.
(d) The unexpended and unobligated balance of an appropriation from the Alaska veterans' cemetery fund lapses into the Alaska veterans' cemetery fund at the end of the fiscal year for which it was appropriated.
(e) Nothing in this section exempts money deposited into the Alaska veterans' cemetery fund from the requirements of AS 37.07 (Executive Budget Act) or dedicates that money for a specific purpose.