To the extent allowed by federal law, money in the lifetime license endowment fund and interest earned on the lifetime license endowment account may be used only for the purpose of managing the fish and wildlife resources of this state, as follows:
(1) acquiring public hunting and fishing areas;
(2) developing, managing, and repairing public hunting and fishing areas; and
(3) making capital expenditures related to fisheries and wildlife resources, including:
(A) land acquisition;
(B) construction; and
(C) the purchase of:
(i) transportation items;
(ii) equipment; and
(iii) information technology resources.