[§87D-5.5  Employee organization; annualreport.]  Any employee organization that establishes a voluntary employees'beneficiary association trust in March, 2006 and pursuant to this [chapter]shall submit a report to the legislature on the status of the trust no laterthan one hundred fifty days after two full plan years of the trust'simplementation, and annually thereafter.  A plan year is defined as thetwelve-month period from July 1 through June 30. [L 2007, c 294, §3]