(a)  On an annual basis, the department shall prepare a report that details the number of recreational saltwater fishing licenses issued; the total amount of license fee revenue received; the expenditures made during the prior year utilizing the fee revenue; and how the department plans to allocate and use the fee revenue during the next year. The report shall also include any additional, relevant information relating to the administration and enforcement of the licensing program and status of state-based recreational fishing assessments and stock assessments.

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(b)  The department shall annually submit the report to the marine fisheries council, and the department, in coordination with the council, shall annually schedule and conduct one or more public meetings to solicit input from recreational fisherman and the general public. On the basis of such input, and the council’s own review, the council shall annually prepare an addendum to the report, setting forth the council’s opinion on whether the licensing program is meeting its intended purposes and offering any recommendations for modifying the program.

(c)  The department shall annually submit the report, including the addendum developed by the council, to the general assembly.