The Commonwealth of Kentucky Abraham Lincoln Bicentennial Commission shall:
(1) Study and recommend activities that may be carried out by the Commonwealth of Kentucky to honor Abraham Lincoln on the occasion of the bicentennial anniversary of his birth;
(2) Educate Kentucky residents and the nation about the life of Abraham Lincoln during the years he resided in and visited the state in which he was born;
(3) Assist local governments and organizations with planning, preparation, and grant applications for bicentennial events and projects;
(4) Coordinate federal, state, and local bicentennial activities occurring in Kentucky;
(5) Plan and implement appropriate events, including celebrations and educational initiatives, to commemorate the bicentennial;
(6) Perform other duties as necessary to highlight Kentucky's role in the life of Abraham Lincoln; and (7) Seek federal grants and philanthropic support for bicentennial activities.