(a) General rule.--The commission shall keep accurate accounts of all receipts and disbursements and shall report to the Governor and the General Assembly on or before December 10 in each year, setting forth, in detail, the transactions conducted by it during the 12 months preceding December 1 of that year, and shall make recommendations for any legislative action deemed by it advisable, including amendments to the statutes of this Commonwealth, which may be necessary to carry out the intent and purposes of the compact between the signatory states.

(b) Examination by Auditor General.--The Auditor General of the Commonwealth may, from time to time, examine the accounts and books of the commission, including its receipts, disbursements and other items referring to its financial standing as the Auditor General deems proper, and report the results of the examination to the Governor.