(a) (1) The Commission shall meet at least three times per year.

(2) Meetings may be held virtually or at a location designated by the Secretary.

(b) The Commission shall study and make recommendations regarding:

(1) Ways to prioritize green and blue infrastructure projects through State permitting processes;

(2) Changes to local development policies and regulations that would facilitate the timely review and approval of green and blue infrastructure projects;

(3) Ways to phase in life cycle costing requirements for long-term monitoring and repair of State and local government-funded green and blue infrastructure projects;

(4) Strategies and policies to prioritize green and blue infrastructure projects that both contribute toward the achievement of Chesapeake Bay restoration goals and create local economic, social, and environmental benefits for disadvantaged communities;

(5) Policies to allow the State and local governments to attract sources of private capital investment and maximize public sector funding for green and blue infrastructure projects;

(6) Circumstances in which volunteer-based green and blue infrastructure projects should be prioritized because of cost-saving benefits;

(7) Best practices for streamlining the procurement and financing process for environmental credit buyers at the local level; and

(8) Other policies to achieve the increased scope and scale of ecological restoration.

(c) On or before January 1 each year, the Commission shall report to the Secretary, the Governor, and, in accordance with § 2-1257 of the State Government Article, the General Assembly on its findings and recommendations.