The Legislature's Planning Committee shall:

(1) Collect and analyze data about Nebraska, including, but not limited to, demographics, workforce, education, wages, wealth, tax structure, revenue, natural resources, assets, challenges, trends, and growth and efficiency of government;

(2) Identify long-term issues significant to the state;

(3) Set goals and benchmarks;

(4) Issue a yearly report of its findings; and

(5) Propose legislation.