(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Arkansas Healthy Century Trust Fund”.
(b)
(1) The fund shall consist of an initial principal amount of $100,000,000 of tobacco settlement funds as provided in § 19-12-104 and interest earnings.
(2) The fund shall be used for those programs set out in § 19-12-107, administered by the State Board of Finance.