The Office of the State Treasurer:

1.  Shall solicit and apply for gifts, grants and donations for the purpose of carrying out the provisions of NRS 422A.487 to 422A.497, inclusive, including, without limitation, to fund matching payments by fiduciary institutions pursuant to NRS 422A.495 and fund the instruction and training required by NRS 315.515, 315.9945, 422.399, 424.089 and 432B.650 and paragraph (m) of subsection 1 of NRS 226.110.

2.  To the extent that sufficient money is obtained pursuant to subsection 1, shall establish the Individual Development Account Program.

3.  If the Program is established, may:

(a) Transfer a portion of the money obtained pursuant to subsection 1 to:

(1) The Department of Health and Human Services to provide the instruction required by NRS 422.399;

(2) Each licensing authority, as defined in NRS 424.016, to provide the instruction required by NRS 424.089;

(3) Each agency which provides child welfare services, as defined in NRS 432B.030, to provide the instruction required by NRS 432B.650; and

(4) Each authority, as defined in NRS 315.170, and the Nevada Rural Housing Authority created by NRS 315.977, to provide the instruction required by NRS 315.515 and 315.9945, respectively; and

(b) Select one or more fiduciary organizations pursuant to NRS 422A.496.