Sec. 2. Not later than January 1, 2026, and not later than each January 1, April 1, July 1, and October 1 thereafter, a state agency must submit a report to the budget committee that provides information regarding the following contracts of the state agency:
(1) For a report due January 1, active contracts as of December 1 of the prior year.
(2) For a report due April 1, active contracts as of March 1 of that year.
(3) For a report due July 1, active contracts as of June 1 of that year.
(4) For a report due October 1, active contracts as of September 1 of that year.