(b) The Public Roads Incentive Fund shall consist of:

1. (1) Contributions made by taxpayers for public roads projects approved by the Director of the Arkansas Economic Development Commission; and
2. (2) Any other funds as are designated or deposited to the fund by law.

(c)

1. (1) Each taxpayer that contributes to the Public Roads Incentive Fund may:

   1. (A) Make a general contribution; or
   2. (B) Designate a project for which the contribution is earmarked.
2. (2) When donations are made for dedicated projects, a separate account will be established.

(d)

1. (1) To contribute to the Public Roads Incentive Fund, the taxpayer must send a completed application and a contribution for the Public Roads Incentive Fund to the commission.
2. (2) An application can be obtained by contacting the Arkansas Economic Development Commission Incentives Manager.