Prior to July 1 of each year, the Authority shall provide a report on its operation for the previous calendar year to the House Business and Commerce Committee and the Senate Community and Economic Development Committee. Such report may be a separate report or part of any other report prepared by the Authority or the Department of Commerce¹ provided that any such report include the steps taken by the Authority to comply with the recommendations set forth in the final report of the House Business and Commerce Committee on the Sunset Evaluation and Review of the Pennsylvania Industrial Development Authority (September 28, 1987).