(a) The Bureau of Economic Research, previously placed under the Office of the Governor by Executive Order, is transferred and re-established as a division within the Office of Management and Budget. The division is administered by a director appointed by the Governor.
(b) The Director of the Division of Economic Research shall:
(1) Serve under the direction and control of the Director of the Office of Management and Budget;
(2) Regularly conduct special research projects in the form of briefing papers and special analyses or surveys;
(3) Produce routine statistical reports on the state of the economy of the Virgin Islands;
(4) Provide data for Government agencies to use for operational planning, federal grant applications, bond issues, database development, impact analysis, and forecasting; and
(5) Provide assistance in the areas of economic development planning, financing, special project management, and information management.