(a) On or before December 31, 2024, and on or before each December 31 thereafter, the Commission shall submit a report to the General Assembly, in accordance with § 2-1257 of the State Government Article, on the information collected under the Commission’s Supplier Diversity Program regarding offshore wind developers.

(b) The report required under subsection (a) of this section shall include:

(1) efforts to promote opportunities for small, minority, women-owned, and veteran-owned businesses;

(2) information on participating offshore wind developers;

(3) participation of small, minority, women-owned, and veteran-owned businesses in offshore wind projects, including:

(i) the number of small, minority, women-owned, and veteran-owned businesses that receive contracts or subcontracts for offshore wind projects; and

(ii) the percentage of contractors and subcontractors on offshore wind projects that are small, minority, women-owned, or veteran-owned businesses; and

(4) plans to increase future participation of small, minority, women-owned, and veteran-owned businesses in offshore wind projects.