(a) The authority shall develop and implement a plan of operation. The plan of operation must be updated biennially and filed with the legislature not later than December 1 of each even-numbered year.
(b) The plan of operation must include:
(1) an assessment of the scope of the problems of motor vehicle burglary or theft and fraud-related motor vehicle crime, including particular areas of the state where the problems are greatest;
(2) an analysis of various methods of combating the problems of motor vehicle burglary or theft and fraud-related motor vehicle crime;
(3) a plan for providing financial support to combat motor vehicle burglary or theft and fraud-related motor vehicle crime; and
(4) an estimate of the funds required to implement the plan of operation.