(1) An accounting of:

(A) Each project that was offered incentives in the previous calendar year, including without limitation:

(i) The number of jobs proposed by each project and the average hourly wage or annual salary for each project;

(ii) For each job creation project that receives funds from the Economic Development Incentive Quick Action Closing Fund under § 19-5-1231, an indication of whether each project contains a repayment requirement;

(iii)

(a) Each project that received funds from the Economic Development Incentive Quick Action Closing Fund under § 19-5-1231.

(b) The information reported in subdivision (1)(A)(iii)(a) of this section and any other related information shall be made available to the Office of Economic and Tax Policy upon request;

(iv) The location of each project; and

(v) The elements of the commission's incentive packages that were used;

(B) Each project that was offered incentives but that did not accept incentives, including without limitation:

(i) An assessment of the reasons why each offered project failed to open; and

(ii) Any proposals the General Assembly should consider that would have assisted the commission in its negotiations regarding each project;

(C) Each factory and plant that closed in the previous calendar year, including without limitation:

(i) The number of jobs lost as the result of the closure of each factory or plant;

(ii) The location of each factory or plant that closed; and

(iii) An assessment of the reasons for each factory or plant closing; and

(D) The commission's strategies and recommendations for the coming year, including:

(i) An assessment of the relative risk of loss of factories, plants, and jobs in the state; and

(ii) Plans for:

(a) Preventing future closings of factories and plants;

(b) Preventing future losses of jobs;

(c) Increasing the number of economic development proposals within the state;

(d) Drawing an increasing number of economic development proposals into the state; and

(e) Creating new incentives for economic development proposals; and

(2) The Executive Director of the Arkansas Economic Development Commission's assessment of the commission's performance, including without limitation a comparison to:

(A) The commission's performance over the past two (2) years;

(B) The commission's own projections; and

(C) Economic development in neighboring states.