(A) Notwithstanding sections 325.27 and 325.31 of the Revised Code, all fees retained by the clerk of courts under Chapters 1548., 4505., and 4519. of the Revised Code and all fees the clerk of courts receives in the capacity of deputy registrar under section 4503.03 of the Revised Code shall be paid into the county treasury to the credit of the certificate of title administration fund, which is hereby created. Fees credited to the fund shall be used as follows:

1. (1) To pay the costs incurred by the clerk of courts in processing titles under Chapters 1548., 4505., and 4519. of the Revised Code;
2. (2) To pay the clerk of courts an eight thousand dollar annual pay supplement for performing the duties of a deputy registrar if the clerk is not a limited authority deputy registrar, as described in section 4501:1-6-04 of the Ohio Administrative Code.