On or before April 1, 2007 and annually thereafter, the department shall submit to the house and senate appropriations subcommittees on community health, the house and senate standing committees on public health, the house and senate fiscal agencies, and the state budget director a report detailing the expenditure of funds related to both of the following:

    (a) The statewide network of cord blood stem cell banks established under section 2682.

    (b) The public awareness efforts required in this section.