Annual report; contents

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MDA shall file an annual report with the Speaker of the House, the Lieutenant Governor, the Chairs of the Appropriations Committees of the House and the Senate, and the Legislative Budget Office not later than December 1 of each year, including detailed information regarding at least the following specific areas:

Receipts and expenditures of the funds received and provided as assistance under this chapter;

Expenditures for all administration expenses of MDA in carrying out its duties under this chapter;

Overview of applications reviewed and a detailed description of applications approved for assistance for the current year; and

Schedule of all applications for which assistance was provided under this chapter detailing status of progress, start date, anticipated completion date, benchmark achievements, and any modifications to the original application after receipt of assistance.


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