(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “Interstate Alternative Fuels Refund Fund”.
(b) The fund shall consist of the amount, estimated quarterly, that is transferred monthly from gross alternative fuel tax collections.
(c) The fund shall be used to pay refunds to licensed interstate users and licensed IFTA carrier users of alternative fuels as provided by law and as provided in § 26-62-210.