The Secretary of Transportation shall submit to Congress an annual report to accompany the President’s budget request that—
(1)
describes all activities undertaken under this chapter, including a description of the process for the application for and approval of licenses under this chapter and recommendations for legislation that may further commercial launches and reentries; and
(2)
reviews the performance of the regulatory activities and the effectiveness of the Office of Commercial Space Transportation.
(Added Pub. L. 105–303, title I, § 102(a)(16), Oct. 28, 1998, 112 Stat. 2851, § 70121 of title 49; renumbered § 70121 then § 50923 of title 51, Pub. L. 111–314, § 4(d)(2), (3)(W), Dec. 18, 2010, 124 Stat. 3440, 3441.)