(1) The council shall: (a) coordinate and facilitate electrical energy project development, including: (i) site identification and permitting; (ii) early site preparation work; (iii) infrastructure improvements; (iv) project financing assistance; and (v) stakeholder coordination; (b) assess and facilitate electrical energy infrastructure development by: (i) evaluating infrastructure needs and opportunities; (ii) coordinating with transmission and pipeline developers; (iii) supporting utility planning efforts; and (iv) coordinating with federal agencies; (c) establish and implement: (i) strategic plans for energy development; (ii) frameworks for stakeholder engagement; (iii) processes for designating electrical energy development zones; and (iv) criteria for evaluating proposed electrical energy development zones; (d) review and approve: (i) research project proposals from the board; and (ii) funding allocations recommended by the board; (e) consult with state land use authorities regarding: (i) identification of state lands suitable for electrical energy development; (ii) designation of electrical energy development zones; and (iii) opportunities for coordinated development of electrical energy projects on state lands; (f) administer the Electrical Energy Development Investment Fund created in Section 79-6-1105; (g) make recommendations regarding electrical energy policy to state and local governments; (h) identify and recommend solutions to barriers affecting electrical energy development; (i) assess and address potential public health impacts of electrical energy development zones; (j) enter into contracts necessary to fulfill the council's duties; (k) report annually by October 31 to the Public Utilities, Energy, and Technology Interim Committee and the Natural Resources, Agriculture, and Environment Interim Committee regarding: (i) the council's activities; (ii) energy development opportunities; (iii) infrastructure needs; (iv) the status of designated electrical energy development zones; (v) recommendations for how the property tax differential revenue collected under Section
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