Section 228-F. Reports

1.  The  investment companies shall make an annual
  report of their conditions to the  governor,  the  legislature  and  the
  superintendent of banks, on or before January first of each year.
    2. Commencing January first, nineteen hundred ninety-five, such annual
  report shall contain but not be limited to the following:
    (a)  information  on  the cost and source of funds and capital and the
  total allowable amount available from the voting shareholders,  and  the
  maximum amount committed by each individual voting shareholder;
    (b)  classification  of  the  businesses  in the investment companies'
  portfolio by standard industrial code;
    (c) information on the types of financing provided by  the  investment
  companies,  including  start-up,  venture,  operating or working capital
  loans, the size and term of loans, and a  breakdown  of  investments  by
  senior debt, subordinated debt and equity financing;
    (d)  information  on interest rates of loans, including the percentage
  of fixed and variable rate loans;
    (e) information on how the NYSBIC is fulfilling its mission to provide
  small businesses with  credit  assistance,  particularly  where  general
  economic  and  historical  conditions have prevented traditional capital
  sources from extending credit to such small business;
    (f) information on how  the  NYSSBIC  is  fulfilling  its  mission  to
  provide  credit  assistance  to  facilitate  small business ownership by
  minorities,  persons  who  reside  in   highly   distressed   area   and
  neighborhood  based  alliance  communities  and persons eligible for the
  earned income credit as provided by paragraph (b) of subdivision one  of
  section two hundred twenty-eight-c of this article;
    (g)  information  on  resources  and  actions  taken  to  advance  the
  investment companies' marketing programs, including  their  coordination
  and  efforts  to  solicit  the  assistance  of  local  bankers and local
  economic development corporations,  the  state  department  of  economic
  development,  the  job  development  authority,  the  urban  development
  corporation, the science and technology foundation, the state university
  of New York small business development centers, the centers for advanced
  technology and other New  York  state  agencies  and  organizations  the
  investment companies deem appropriate.