(a) The election improvement fund is created as a dedicated account in the general revenue fund and consists of federal funds designated for election improvement, matching funds from the state or a political subdivision, and depository interest earned on the assets of the fund.
(b) Money in the fund may be appropriated only to provide funding for the following purposes:
(1) to improve election administration at the state and local level;
(2) to make grants to local governments for the improvement or replacement of voting systems;
(3) to create a single uniform official centralized interactive voter registration database; and
(4) to comply with other election requirements of the federal government.