[§127A-18.5]  Hazard mitigation special fund.  (a)  There is established in the state treasury the hazard mitigation special fund, into which shall be deposited:

     (1)  All revenues from any recovery or reimbursement pursuant to section 127A-18;

     (2)  Appropriations made by the legislature for deposit into the fund;

     (3)  All contributions from public or private partners; and

     (4)  All interest earned on or accrued to moneys deposited in the special fund.

     (b)  Moneys in the hazard mitigation special fund shall be used for personnel costs and operating and administrative costs deemed necessary by the agency to administer section 127A-18. [L 2022, c 249, §1]