The three Nevada State Commissioners, acting jointly, shall:
1. Keep accurate accounts of their activities and the activities of the Nevada Office.
2. Report to the Governor and the Legislature before September 1 of any year preceding a regular session of the Legislature, setting forth in detail the transactions conducted by the Commissioners and the Nevada Office during the biennium ending June 30 of such year.
3. Make recommendations for any legislative action deemed by the Commissioners to be advisable, including amendments to the statutes which may be necessary to carry out the intent and purposes of the Compact between the signatory states.