Pursuant to I.C. 35-47-2-3, there is hereby established a Gun Permit Fund, and such statute states in part:
“(b) The law enforcement agency which accepts an application for a handgun license shall collect a ten dollar ($10) application fee, five dollars ($5) of which shall be refunded if the license is not issued. Except as provided in subsection (g), the fee shall be:
(1) Deposited into the law enforcement agency’s firearms training fund or other appropriate training activities fund; and
(2) Used by the agency for the purpose of:
(A) Training law enforcement officers in the proper use of firearms or other law enforcement duties; or
(B) Purchasing for the law enforcement officers employed by the law enforcement agency firearms, or firearm related equipment, or both.
The state board of accounts shall establish rules for the proper accounting and expenditure of funds collected under this subsection.”
(Prior Code, § 2-301)