(1) The Tennessee advisory commission on intergovernmental relations (TACIR) is directed to perform a study of the creation and implementation of a system for the titling of boats in this state. This study must be conducted from TACIR's existing resources.
(2) All appropriate state departments and agencies shall provide assistance to TACIR in connection with the study required by subsection (a).
(3) TACIR shall report its findings and recommendations, including any proposed legislation or interim reports upon conclusion of its study.