1. 1. Accounting and reporting requirements The department shall:

   1. A. Maintain an accurate accounting of the use of all program funds as required by state procedures and program guidelines, including a detailed accounting of all program funding sources and expenditures; and

      [PL 2009, c. 337, §4 (AMD).]

   2. B.

      [PL 2009, c. 337, §4 (RP).]

   3. C. Each year, submit a report to the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters. The report must include:

      1. (1) An accounting of the use of all program funds received and expended since the program's inception;
      2. (2) A summary of the status of any approved projects;
      3. (3) A summary of the results of any completed projects;
      4. (4) Evaluation data and assessment consistent with section 13070‑P; and

      5. (5) Other information required to be submitted and evaluated by the joint standing committee of the Legislature having jurisdiction over business, research and economic development matters.

         [PL 2017, c. 264, §7 (AMD).]

   [PL 2017, c. 264, §7 (AMD).]

2. 2. Report The department shall report no later than January 15th of each year.

   [PL 2003, c. 451, Pt. MMM, §1 (NEW).]

3. 3. Rulemaking The department shall adopt major substantive rules pursuant to chapter 375, subchapter 2‑A to implement this section.

   [PL 2003, c. 451, Pt. MMM, §1 (NEW).]

PL 2003, c. 451, §MMM1 (NEW). PL 2009, c. 337, §4 (AMD). PL 2017, c. 264, §7 (AMD).