Maryland Labor and Employment Section 10-320

      (a)      The State Treasurer annually shall submit to the Director for the Fund a statement that:

            (1)      for the fiscal year for which the statement is made:

                  (i)      states the balance of the Fund on the last day of the year;

                  (ii)      states the income of the Fund; and

                  (iii)      summarizes the payments from the Fund; and

            (2)      states the balance of the Fund on the last day of the preceding fiscal year.

      (b)      On or before October 1 of each year, the Board shall submit to the Governor an annual report that includes a detailed statement of the balances and expenses of the Fund.