; and (B) demonstrates compliance by each recipient and subgrantee with the requirements of such Program. (2) Annual report to Congress Not later than 1 year after the date of the first grant awarded under the Modernizing IT Grant Program and annually thereafter until all funds are expended or returned to the Treasury of the United States, the Secretary shall submit to the appropriate congressional committees a report that— (A) describes how grant funds were obligated or expended, including the use of funds made available as subgrants