The Oklahoma Tax Commission shall prepare forms for:
1. The designation of an account with a financial institution to serve as a home buyer savings account;
2. The designation of a qualified beneficiary of a home buyer savings account; and 3. An account holder to annually submit to the Oklahoma Tax Commission detailed information regarding the home buyer savings account, including but not limited to a list of transactions for the account during the tax year, and identifying any supporting documentation that is required to be maintained by the account holder.