Briefing; Reports

(a) Annual briefing or report For each fiscal year for which a watershed outcomes project is carried out under section 3, not later than the date on which the budget of the United States Government is submitted by the President under section 1105 of title 31, United States Code, for that fiscal year, the Secretary shall provide to the appropriate committees of Congress a briefing or report describing the status of each watershed outcomes project, including progress towards the applicable strategy prepared under section 3(d)(1), including any payments made for outcomes. (b) 5 -Year report Not later than October 1 of the fifth fiscal year in which a watershed outcomes project is carried out under section 3, the Secretary shall submit to the appropriate committees of Congress a report that— (1) summarizes— (A) the projected results of the qualifying activities in the watershed outcomes project in meeting the strategy prepared under section 3(d)(1); (B) the projected outcomes of the watershed outcomes project; (C) the total amount of funds secured for the watershed outcomes project; (D) the type of funding expended under the watershed outcomes project; and (E) such other information as the Secretary determines to be appropriate; and (2) includes recommendations for continuing, terminating, or making permanent the authorizations under this Act.