Requires the department of commerce to submit a report to the legislature evaluating the data and information collection methodologies used by sponsoring local governments to comply with certain requirements.

Requires the joint legislative audit and review committee to submit a report to the appropriate committees of the legislature evaluating the economic activity in revenue development areas.

Requires the community economic revitalization board, the department of revenue, the department of commerce, the employment security department, and sponsoring local governments to, upon request, provide the joint legislative audit and review committee with assistance in collecting data and information necessary for the completion of the report.