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The commission shall:
Serve as a forum for the discussion and resolution of intergovernmental problems;
Engage in such activities and make such studies and investigations as are necessary or desirable in the accomplishment of the purposes set forth in § 4-10-101;
Consider, on its own initiative, ways and means of fostering better relations among local governments and state government;
Draft and disseminate legislative bills, constitutional amendments and model local ordinances necessary to implement recommendations of the commission;
Encourage, and where appropriate, coordinate studies relating to intergovernmental relations conducted by universities, state, local and federal agencies, and research and consulting organizations;
Review the recommendations of national commissions studying federal, state and local government relationships and problems and assess their possible application to this state;
Study issues relating to changing federalism, including federal devolution, block grants, preemptions, mandates, and the tenth amendment to the Constitution of the United States;
Study tax equivalent payments by municipally owned electric operations to the various taxing jurisdictions within the state;
Study the laws relating to the assessment and taxation of property;
Conduct an annual study of the fiscal capacity of local governments to fund education; and