; and (B) may issue regulations regarding how the amounts in the Fund will be distributed among students eligible for the funds. (3) Treatment and availability of funds (A) Funds that are not government funds Funds obtained by or transferred to the Fund shall not be construed to be Government funds or appropriated monies. (B) Amounts not subject to apportionment Notwithstanding any other provision of law, amounts in the Fund shall not be subject to apportionment for purposes of chapter 15 of title 31, United States Code, or under any other authority. (C) No fiscal year limitation Sums deposited in the Fund shall remain in the Fund and be available for expenditure under this chapter without fiscal year limitation. (4) Investments (A) Amounts in fund may be invested The Secretary of Education may request the Secretary of the Treasury to invest the portion of the Fund that is not, in the discretion of the Secretary of Education, required to meet the current needs of the Fund. (B) Eligible investments Investments shall be made by the Secretary of the Treasury in obligations of the United States or obligations that are guaranteed as to principal and interest by the United States, with maturities suitable to the needs of the Fund as determined by the Secretary on the record. (C) Interest and proceeds credited The interest on, and the proceeds from the sale or redemption of, any obligations held in the Fund shall be credited to the Fund. (5) Regulations The Secretary shall prescribe regulations to implement the requirements of this section within 1 year after the date of enactment of the PRO Students Act. (6) Authorization of appropriations In addition to funds derived from financial penalties assessed pursuant to subsection (j), there are authorized to be appropriated such sums as may be necessary to carry out this subsection. (k) State enforcement (1) In general Any violation of subsection (b), including the regulations promulgated under such subsection, shall be a cause of action enforceable by the State, through the