(a) In accordance with § 2.5-109 of this article, the Department shall submit a report on the job creation tax credits authorized under this subtitle.

(b) In accordance with § 2-110 of the Insurance Article, the Maryland Insurance Commissioner shall submit a report on:

(1) each insurer claiming the credit against the insurance premium tax under § 6-114 of the Insurance Article;

(2) the total amount of credits claimed by insurers under § 6-114 of the Insurance Article; and

(3) the number of insurers claiming the credit.