The Department shall: administer the laws that relate to the public service company franchise tax; adopt reasonable regulations to administer the provisions of laws that relate to the public service company franchise tax; design the returns and forms that, on completion, provide the information required for the administration of the public service company franchise tax laws; collect the public service company franchise tax revenue, including penalties and interest; pay that revenue into the General Fund of the State; and certify to the Comptroller that revenue.