1. (a) The commission shall maintain complete and accurate records in implementing the next generation Hoosier educators scholarship fund established by section 3 of this chapter, including records of the following:

   1. (1) The receipt, disbursement, and uses of money from the fund.
   2. (2) The number of applications for the next generation Hoosier educators scholarship.
   3. (3) The number and amount of next generation Hoosier educators scholarships that have been provided by the commission.
   4. (4) Any other information collected concerning the fund or next generation Hoosier educators scholarships awarded under this chapter.
2. (b) Not later than November 1, 2017, and each November 1 thereafter, the commission shall submit a report to the governor and, in an electronic format under IC 5-14-6 , to the general assembly summarizing the records described in subsection (a).

As added by P.L.105-2016, SEC.1.