The State accepts the provisions and benefits of the act of Congress popularly known as the “Vocational Rehabilitation Act,” approved June 2, 1920, as amended [see now the Rehabilitation Act of 1973, 29 U.S.C. § 701 et seq.]. The State Treasurer shall be the custodian of all moneys received by the State from appropriations made by the Congress of the United States for vocational rehabilitation of persons with disabilities in industry or otherwise and the State Treasurer may make disbursements therefrom upon the order of the Department of Labor. The Department shall cooperate with the Department of Health, Education, and Welfare or other federal agency authorized by Congress, in carrying out the national Vocational Rehabilitation Act and amendments thereto.