By October 31 of each year, the Commission shall issue a report to the Montgomery County and Prince George’s County Senate and House Delegations to the Maryland General Assembly concerning: the implementation and administration of the minority business enterprise programs under this subtitle for the fiscal year ending on the preceding June 30; and appropriate recommendations concerning the programs. The Commission may conduct an impartial fact–finding study in connection with a minority business enterprise program for consistency with applicable law. The Commission shall report the findings of a study completed under this subsection to the Montgomery County and Prince George’s County Senate and House Delegations to the Maryland General Assembly.