(a) The judiciary and any department or agency that administratively establishes any new account or fund, within thirty working days of its establishment, shall transmit a report to the legislature. The report to the legislature shall include:
(1) The justification for the establishment of the account or fund; and
(2) The sources of revenue for the fund.
(b) The judiciary and each department or agency, at least twenty days prior to the convening of each regular session, shall submit a report to the legislature. The report shall include:
(1) A list of all administratively established accounts or funds; and
(2) All revenues, expenditures, encumbrances, and ending balances of each account or fund.