By March 1 of each year, the commissioner of natural resources and the board of water and soil resources shall jointly report to the committees of the legislature with jurisdiction over matters relating to agriculture, the environment, and natural resources on:

1. (1) the status of implementation of state laws and programs relating to wetlands and public waters wetlands;
2. (2) the quantity, quality, acreage, types, and public value of wetlands and public waters wetlands in the state; and
3. (3) changes in the items in clause (2).