A.R.S. § 41-707

On or before October 1 of each year, the director shall submit to the joint legislative budget committee and the governor's office of strategic planning and budgeting a report on the costs associated with meeting the investment yield restriction requirements for any tax-exempt deficit financing agreements entered into on or after January 1, 2009, including whether the requirements have reduced the yield of investments or required the state to pay any penalties to the federal government.