The commission shall provide by December first of each year to the Joint Committee on Government and Finance an annual electronic report that provides the following:
(1) A summary of grant assistance applications received and relevant statistics relating to actions taken by the commission and grants awarded;
(2) An analysis of types of grants or public, private and nonprofit grants available but not applied for that if received could be utilized to benefit coal field communities;
(3) Recommendations regarding appropriations to the Coalfield Community Grant Facilitation Fund for the upcoming fiscal year; and
(4) Any recommended legislation or policy actions needed to facilitate greater receipt of grant funding to coalfield communities.