(a) The Arkansas Delta Music Commission shall submit a report by December 31 of each even-numbered year to the:
(1) Governor;
(2) Chair of the Senate Committee on Revenue and Taxation;
(3) Chair of the House Committee on Revenue and Taxation;
(4) Chair of the Senate Committee on Agriculture, Forestry, and Economic Development; and
(5) Chair of the House Committee on Agriculture, Forestry, and Economic Development.
(b) The report required under subsection (a) of this section shall include:
(1) The commission's goals for increasing the number of art projects and signage over the next biennium;
(2) The economic development opportunities the commission will focus on over the next biennium;
(3) The qualified expenses approved under this chapter during the biennium for which the report is being made, including without limitation:
(A) The name of the person who applied for approval of qualified expenses for an art project;
(B) A description of the art project for which the qualified expenses were approved; and
(C) The location of the art project for which the qualified expenses were approved; and
(4) The benefits realized in terms of economic development as a result of the commission's actions and the tax incentives provided under this chapter.