[§10-15.5 Annual report; use of land trust proceeds.] The office of Hawaiian affairs shall submit an annual report to the governor and the legislature not less than thirty days before the convening of each regular session. The report shall describe the use of the public land trust proceeds for the betterment of the conditions of the native Hawaiians and provide detailed information, including, but not limited to, the following:

(1) Statements of statewide objectives and program objectives;

(2) Program plans that describe the programs that implement the statewide objectives and program objectives;

(3) Program performance reports that assess the effectiveness in attaining the objectives;

(4) Program costs; and

(5) Long-range financial plans. [L 1990, c 304, §14]