(a) In order to implement the Green Shores Program, the Department may:
(1) Enter into contractual agreements with other State agencies, local governments, nonprofit corporations, and private citizens who receive payments or grants;
(2) Set priorities by watersheds for the dissemination of grants and payments; and
(3) Adopt regulations.
(b) Any contractual agreement that the Department enters into under the Green Shores Program shall specify the terms of the grant or payment.