For the purpose of administering §§ 1-19A-20, 1-19A-21, 1-19A-22, and 7-10-10, the State Historical Society Board of Trustees may promulgate rules pursuant to chapter 1-26 to:
(1) Establish procedures for certification of projects;
(2) Establish standards for the approval of restoration and rehabilitation work;
(3) Establish standards for covenants required under § 1-19A-21; and
(4) Cancel tax moratoriums.