The board shall submit, by no later than October 1, an annual report to the Transportation and Infrastructure and Natural Resources, Agriculture, and Environmental Quality Appropriations Subcommittees: (1) specifying the amount of each disbursement from the account; (2) identifying the recipient of each disbursement and describing the project for which money was disbursed; and (3) detailing the conditions, if any, placed by the board on disbursements from the account.
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