(a) The Board may approve any registered nursing or licensed practical nursing education program at an institution in this State.

(b) The Board shall:

(1) Keep a list of institutions in this State that currently have an approved registered nursing or licensed practical nursing education program;

(2) Set standards for approval of education programs for registered nurses and licensed practical nurses at institutions in this State;

(3) Determine the Maryland passing rate for the national nurse licensure examination each year;

(4) Evaluate the need for an education program for registered nurses or licensed practical nurses in the geographic area in which the program is proposed to be located; and

(5) Survey approved nursing education programs as it considers necessary.