Requires the task force to review the following issues: (1) The roles of the state, local governments, and private entities in developing and funding large, regional community projects, including sports facilities and multipurpose arenas; and

(2) The role of the state in providing capital moneys, tax incentives, and operating funds for the maintenance and improvements of the large, regional community facilities.

Requires the task force to report its findings and recommendations to the appropriate committees of the legislature by December 1, 2007.