(1) The state health care affordability account is created in the state treasury. Expenditures from the account may only be used for premium and cost-sharing assistance programs established in RCW 43.71.110.

(2) The following funds must be deposited in the account:

(a) Any grants, donations, or contributions of money collected for purposes of the premium assistance or cost-sharing reduction programs established in RCW 48.43.795;

(b) Any federal funds received by the health benefit exchange pursuant to RCW 43.71.120; and

(c) Any additional funding specifically appropriated to the account.