(a) As used in this section "state agency" means any state office or officer, department, board, commission, institution, bureau or any agency, division or unit within any office, department, board, commission or other state authority or any person requesting a state appropriation. (b) On October 1, 1990, and annually thereafter, state agencies making community and economic development grants or loans shall submit to the secretary of commerce in a form prescribed by the secretary of commerce reports detailing community and economic development grants or loans made by such state agencies. Such reports shall include the identity of the recipient of such loans or grants. The secretary of commerce shall provide annually, to the governor and the legislature, a compilation of such reports.
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