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(1) There is created an expendable special revenue fund known as the "Kiwanis Education Support Fund."
(2) The fund consists of:
(a) contributions deposited into the fund in accordance with Section 41-1a-422;
(b) private contributions;
(c) donations or grants from public or private entities; and
(d) money appropriated to the fund by the Legislature.
(3) Subject to Subsection 41-1a-418(2), the State Tax Commission:
(a) shall expend money in the fund to pay the initial costs of ordering and issuing Kiwanis special group license plates; and
(b) as needed, may expend money in the fund to pay the costs of reordering Kiwanis special group license plates and decals.
(4) On an annual basis, the State Tax Commission shall:
(a) evaluate the fund's ability to cover the costs described in Subsection (3); and
(b) based on the evaluation described in Subsection (4)(a), adjust the allocation of contributions described in Subsection (2)(a) deposited into the fund.