The authority shall have the following powers, duties, and responsibilities:
(1) To apply for, solicit, receive, establish priorities for, allocate, disburse, contract for, and spend funds that are made available to the authority from any source to effectuate the purposes of this act.
(2) To make grants and to provide financial support for federal and state agencies, units of local government, corporations, and neighborhood, community, and business organizations to effectuate the purposes of this act.
(3) To assess the scope of the problem of motor vehicle theft, including particular areas of the state where the problem is greatest, and to conduct impact analysis of state and local criminal justice policies, programs, plans, and methods for combating the problem.
(4) To develop and sponsor the implementation of statewide plans and strategies to combat motor vehicle theft and to improve the administration of the motor vehicle theft laws and provide an effective forum for identification of critical problems associated with motor vehicle theft.
(5) To coordinate the development, adoption, and implementation of plans and strategies relating to interagency or intergovernmental cooperation with respect to motor vehicle theft law enforcement.
(6) To promulgate rules or regulations necessary to ensure that appropriate agencies, units of government, private organizations, and combinations thereof are included in the development and implementation of strategies or plans adopted pursuant to this act and to promulgate rules or regulations as may otherwise be necessary to effectuate the purposes of this act.
(7) To report annually, on or before January 1, to the Governor, Attorney General, Chief Financial Officer, President of the Senate, Speaker of the House of Representatives, Minority Leader of the House of Representatives, Minority Leader of the Senate, and appropriate committee chairs in the House of Representatives and the Senate, and, upon request, to members of the general public on the authority’s activities in the preceding year.
(8) To exercise any other powers that are reasonable, necessary, or convenient to fulfill its responsibilities; to carry out and to effectuate the objectives and purposes of the authority and the provisions of this act; and to comply with requirements of applicable federal or state laws or regulations; however, such powers shall not include the power to subpoena or arrest.