(b) On or before December 31, 1992, the director, in consultation with the Public Service Commission, shall complete a statewide closure plan, a comprehensive analysis of the total costs of closure anticipated under such statewide closure plan, and a proposal for implementation of closure assistance funding. The director, in consultation with the Public Service Commission, shall prepare and issue a report which shall include the following:

1. (1) An identification of specific landfills expected to be closed during the three-year period next following the completion of the plan;
2. (2) An estimate of the projected closure costs associated with each such identified landfill, including such engineering and technical analysis as may be necessary to provide a reasonable estimate;
3. (3) The extent to which closure assistance will be needed for each such specific landfill; and

4. (4) An assessment of the order of priority which should be established for closure of landfills and all moneys potentially available therefor.

   The plan and report required pursuant to the provisions of this section shall be submitted to the Legislature for its approval or rejection by a concurrent resolution.