(1) (a) There is created a restricted account within the General Fund known as the "Rangeland Improvement Account." (b) The restricted account shall consist of: (i) money received by the state from the United States Secretary of Interior under the Taylor Grazing Act, 43 U.S.C. Section 315 et seq., for sales, leases, and fees; (ii) grants or appropriations from the state or federal government; and (iii) grants from private foundations. (c) Interest earned on the restricted account shall be deposited into the General Fund.

(a) There is created a restricted account within the General Fund known as the "Rangeland Improvement Account."

(b) The restricted account shall consist of: (i) money received by the state from the United States Secretary of Interior under the Taylor Grazing Act, 43 U.S.C. Section 315 et seq., for sales, leases, and fees; (ii) grants or appropriations from the state or federal government; and (iii) grants from private foundations.

(i) money received by the state from the United States Secretary of Interior under the Taylor Grazing Act, 43 U.S.C. Section 315 et seq., for sales, leases, and fees;

(ii) grants or appropriations from the state or federal government; and

(iii) grants from private foundations.

(c) Interest earned on the restricted account shall be deposited into the General Fund.

(2) The department shall: (a) administer the restricted account; (b) obtain from the United States Department of Interior the receipts collected from: (i) fees in each grazing district; and (ii) the receipts collected from the sale or lease of public lands; and (c) distribute restricted account money in accordance with Section 4-20-106.

(a) administer the restricted account;

(b) obtain from the United States Department of Interior the receipts collected from: (i) fees in each grazing district; and (ii) the receipts collected from the sale or lease of public lands; and

(i) fees in each grazing district; and

(ii) the receipts collected from the sale or lease of public lands; and

(c) distribute restricted account money in accordance with Section 4-20-106.