Not later than December 1 of each even-numbered year, the office shall prepare and submit to the governor and the Legislative Budget Board a written report that outlines:
(1) activities undertaken to meet the purposes of the consortium under Section 481.652;
(2) a summary of the funding and research opportunities identified under Section 481.656(a)(2);
(3) any legislative recommendations to further the purposes of the consortium;
(4) any prospective grants or funding the consortium members expect to apply for or receive; and
(5) any research accomplishments associated with the consortium.