(a) There is hereby established a Finfisheries Development Fund, which shall be funded by the following sources:

(1) Moneys received by the Department for commercial food fishing license fees and food fishing equipment permits;

(2) Moneys received from the payment of fines for committing a violation of this chapter or regulations or permits promulgated or issued pursuant to this chapter; and

(3) Moneys received from the sale of the following confiscated or unclaimed items:

(b) Finfisheries development funds shall be used only for the following purposes:

(1) The development and maintenance of finfishing facilities in the State that are used to aid and assist finfishers;

(2) Actual and necessary traveling expenses incurred by members of the Council in connection with their attendance at Council meetings;

(3) Actual and necessary travel, lodging and food expenses incurred by members of the Council or the designee of the Council in connection with attendance at interstate fish management meetings whenever federal funds are not available;

(4) Postage for mailing notices of public hearings, fishery reports and other materials related to finfisheries management;

(5) Printing materials pertaining to the promulgation of regulations, printing notices of public hearings and other meetings, printing announcements and printing information pertinent to finfisheries management;

(6) Conducting research on, and taking inventories of, finfish of significance to Delaware’s commercial and recreational fishers, such research and inventorying to be contracted out or performed by Department personnel.

(c) For the purposes of implementing subsection (b) of this section, all moneys received from the sources set forth in subsection (a) of this section shall be deposited at least monthly with the State Treasurer. The State Treasurer shall retain said moneys in a special fund until expended upon proper vouchers of the Department to carry out the purposes of subsection (b) of this section.

64 Del. Laws, c. 251, § 1; 65 Del. Laws, c. 192, § 2; 70 Del. Laws, c. 186, § 1.