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            A. The board of commissioners shall make an annual report to the governor and the House and Senate committees on transportation, highways, and public works not later than February first of each year. The report shall include a summary of the authority’s progress since its inception, the board’s plans in the coming year to advance the authority’s development program, and a financial report.

            B. The authority shall comply with the Louisiana Local Government Budget Act.

            C. Notwithstanding any other law to the contrary, no construction or development project of the authority, or related to the authority, shall be eligible for inclusion in, and the authority shall receive no funds from, the Port Construction and Development Priority Program provided for in Chapter 47 of this Title, La. Rev. Stat. 34:3451 et seq.

            D. The board of commissioners shall annually submit the budget of the authority for review to the Joint Legislative Committee on the Budget.

            Acts 2008, No. 699, §1, eff. July 1, 2008; Acts 2020, 2^nd Ex. Sess., No. 51, §1, eff. Nov. 5, 2020.