(1) Before October 1 of each year, the office shall prepare and submit to the Business and Labor Interim Committee a list of each periodic review that the office proposes to conduct during the upcoming year, including the scope of each periodic review.
(2) Before December 1 of the calendar year in which the office submits a list under Subsection (1), the Business and Labor Interim Committee shall:
(a) approve the list, with or without modification; and
(b) submit a copy of the approved list to the Legislative Management Committee for approval, with or without modification.