(a) Subject to the provisions of subsection (c), section three of this article, if the council makes a determination that one or more of the conditions exists, then the council is authorized to create the West Virginia community and technical college.
(b) As soon as practicable after the council determines that the college should be created, the council shall notify the Governor, the President of the Senate, the Speaker of the House of Delegates and the Legislative Oversight commission on education accountability of the proposed actions. The council shall conduct a study regarding the procedures, findings and determinations considered necessary prior to any creation of the college and shall report its findings to the Legislative Oversight commission on education accountability. The council may not create the college prior to the report being received by the Legislative Oversight commission on education accountability.
(c) On or before December 1, of the year in which the college is created, the council shall certify to the Legislative Oversight commission on education accountability proposed legislation to accomplish the purposes of this article for those matters requiring statutory change.