1. The Administrator shall, for each fiscal year, compile a report concerning the
capital improvements owned, leased pursuant to a lease-purchase agreement or operated
by the State.
2. The report of the capital improvements required pursuant to subsection 1 must be
prepared in such detail as is required by generally accepted accounting principles.
3. The Administrator shall submit, in any format including an electronic format, a
copy of the report compiled pursuant to subsection 1 on or before February 1 of the
year next succeeding the period to which the report pertains to the Director of the
Legislative Counsel Bureau for distribution to each regular session of the Legislature.
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