There is hereby created in the State Treasury a fund to be known as the "Anti-Recession Fiscal Assistance Fund." Said fund shall consist of all monies received by the state from entitlements under Title II of the Public Works Employment Act of 1976 (Public Law 94-369), including interest earned thereon as hereinafter provided. No money on deposit with the State Treasurer to the credit of the Anti-Recession Fiscal Assistance Fund shall be expended except pursuant to legislative direction or appropriation.
Laws 1977, c. 2, § 1, emerg. eff. Jan. 26, 1977.