The task force shall do the following:

1. (1) Examine recommended standards and best practices for the maintenance and life cycle management of:

   1. (A) drinking water systems;
   2. (B) wastewater management systems; and
   3. (C) storm water management systems.

2. (2) Analyze whether individual:

   1. (A) drinking water systems;
   2. (B) wastewater management systems; and

   3. (C) storm water management systems;

      in Indiana are achieving the recommended standards referred to in subdivision (1).

3. (3) Assess the adequacy of present sources of funding for the maintenance and life cycle management of:

   1. (A) drinking water systems;
   2. (B) wastewater management systems; and

   3. (C) storm water management systems;

      and, if necessary, identify additional sources of funding.

4. (4) Evaluate whether, considering:

   1. (A) the availability of resources;
   2. (B) the ownership of resources;
   3. (C) changing population demographics;
   4. (D) appropriate system capacity;
   5. (E) operational expertise;
   6. (F) public health and safety; and

   7. (G) economic development;

      the regionalization of water infrastructure could improve system performance and ratepayer value.

5. (5) Assess the value that an improved system of water infrastructure would add to economic development in Indiana.

As added by P.L.196-2018, SEC.1.