[§435H-7.6]  Reports; submission to the connector legislative oversight committee.  (a)  No later than twenty days prior to the convening of the regular session of 2015, the board shall prepare and submit a report to the connector legislative oversight committee with updates on the sustainability plan of the connector, including specific efforts to reduce costs related to contracted services and other actions.

     (b)  No later than twenty days prior to the convening of the regular session of 2016 and the convening of each regular session thereafter, the board shall prepare and submit a report to the connector legislative oversight committee updating the committee on the connector's sustainability plan and the results of efforts to reduce costs related to contracted services and other actions.

     (c)  No later than twenty days prior to the start of each fiscal year of the connector, the board shall submit a copy of any federal audit reports to the connector legislative oversight committee; provided that if a federal audit report cannot be provided by this date, the board shall submit a copy of the federal audit report as soon as the federal audit report is complete.

     (d)  No later than twenty days prior to the start of each fiscal year of the connector, the board shall submit a copy of the annual financial statements of the connector to the connector legislative oversight committee. [L 2014, c 233, pt of §2]