Sec. 2. P&SL 1989, c. 108, §6, sub-§5 is amended to read:

5. Within 120 days after the close of its fiscal year, the authority shall provide a copy of its annual financial report certified by an independent certified public accountant selected by the authority to the Commissioner of Conservation, the Director of the State Planning Office, the Treasurer of State, the State Auditor and the Joint Standing Committee on Energy and Natural Resources joint standing committee of the Legislature having jurisdiction over conservation matters. The financial report must comply with federal Office of Management and Budget requirements.