(1) There is created under the general supervision of the council a center known as the "Minerals for Industrial, National, and Economic Security Center," to serve the objectives described in Section 79-10-602.
(2) The council shall create a plan and budget for the center that address:
(a) the governance of the center;
(b) the operations of the center;
(c) how the creation and activities of the center are to be funded; and
(d) other issues the council determines are relevant to the governance and operations of the center.
(3) The council shall report the council's development of a plan and budget under this section to:
(a) the Executive Appropriations Committee by no later than the 2026 September meeting of the Executive Appropriations Committee; and
(b) the Natural Resources, Agriculture, and Environment Interim Committee by no later than the 2026 October interim meeting of the Natural Resources, Agriculture, and Environment Interim Committee.