Sec. 4. 22 MRSA §8703, sub-§3, as amended by PL 2001, c. 457, §6, is further amended to read:

3. Terms of office. The terms of office of board members are determined under this subsection.

A. The terms of board members appointed by the Governor are determined as follows.

(1) Initial terms are staggered. One consumer, one employer, one 3rd-party payor and 3 providers shall serve one-year terms. Two consumers, one employer, one 3rd-party payor and 3 providers shall serve 2-year terms.

(2) After the initial terms, members appointed by the Governor shall serve full 2-year 3-year terms and shall continue to serve until their successors have been appointed.

(3) Board members may serve 3 full terms consecutively.

B. The terms of departmental board members are 2-year 3- year terms. Departmental board members may serve an unlimited number of terms.

Sec. 5. 22 MRSA §8704, sub-§7, as amended by PL 2003, c. 469, Pt. C, §25, is further amended to read:

7. Annual report. The board shall prepare and submit an annual report on the operation of the organization and the Maine Health Data Processing Center as authorized in Title 10, section 681, including any activity contracted for by the organization, and on health care trends to the Governor and the joint standing committee of the Legislature having jurisdiction over health and human services matters no later than February 1st of each year. The report must include an annual accounting of all revenue received and expenditures incurred in the previous year and all revenue and expenditures planned for the next year. The report must include a list of persons or entities that requested data