Sec. 14. The department of local government finance:
(1) shall see that the property taxes due this state are collected;
(2) shall ensure that property taxes levied by political subdivisions are timely billed and mailed under the provisions of this article;
(3) shall ensure that assessments of properties under this article are uniform and equal;
(4) shall ensure that the restrictions on budgets and levies prescribed under this article are enforced;
(5) shall ensure that the penalties prescribed under this article are enforced;
(6) shall investigate the property tax laws and systems of other states and countries;
(7) for assessment dates after December 31, 2008, shall conduct all ratio studies required for:
(A) equalization under 50 IAC 14; and
(B) annual adjustments under 50 IAC 21; and
(8) may recommend changes in this state's property tax laws to the general assembly.