Md. Code, Economic Development § 11–421

(a) On or before October 1 of each year, the Corporation shall submit a report to:

(1) the Governor;

(2) the County Commissioners;

(3) the Department; and

(4) in accordance with § 2-1257 of the State Government Article, the General Assembly.

(b) The report shall include a complete operating and financial statement covering the operations of the Corporation during the preceding fiscal year and a summary of the activities of the Corporation during the preceding fiscal year.