There is hereby created within the State Treasury the Capitol Park Veterans Memorial Fund for the purpose of the maintenance and rehabilitation of existing memorials in the State Capitol to veterans of the United States Armed Forces and for receipt of private donations for that purpose.

The Capitol Park Veterans Memorial Fund is hereby continuously appropriated to the Department of Veterans Affairs for the purpose of the maintenance and rehabilitation of existing memorials in the State Capitol to veterans of the United States Armed Forces.

The Department of Veterans Affairs shall administer the Capitol Park Veterans Memorial Fund. The Department of Veterans Affairs and the Department of General Services shall work collaboratively pursuant to a memorandum of agreement to

carry out the duties and functions of this chapter.

When administering the Capitol Park Veterans Memorial Fund, the Department of Veterans Affairs shall prioritize, in consultation with the California Veterans Board, those memorials that do not have formal support from another body, public or private, for their maintenance, including, but not limited to, the Vietnam Veterans Memorial on the grounds of the State Capitol.