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(1)
(a) The division shall periodically:
(i) evaluate state property for potential designation as a state monument; and
(ii) report the results of the evaluation described in Subsection (1)(a)(i) to the committee.
(b) The division may:
(i) evaluate private and federal land with the potential to be purchased by, transferred to, or leased to, the state for potential designation as a state monument; and
(ii) enter into negotiations with the relevant federal agency or private entity to pursue the transfer, sale, or lease of federal land for the proposed state monument, as appropriations allow.
(2) The division shall make rules, in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, for the administration of a state monument, subject to valid existing rights and Section 79-4-1208.