Arizona office of African-American affairs fund; exemption

The Arizona office of African-American affairs fund is established. The monies in the Arizona office of African-American affairs fund are continuously appropriated to the Arizona office of African-American affairs. The fund consists of monies received pursuant to section 41-532. The state treasurer shall invest and divest all monies in the Arizona office of African-American affairs fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. The Arizona office of African-American affairs shall administer the fund. The monies in the fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations.