; and (2) an estimate of the life-cycle costs associated with the program. 30105. Annual report on program cost and control (a) Annual Report Not later than April 30 of each year, the Administrator shall submit to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Science, Space, and Technology of the House of Representatives a report on the implementation during the preceding year of the corrective action plan referred to in section 1203(a)(4) of the National Aeronautics and Space Administration Authorization Act of 2010 ( Public Law 111–267 , 124 Stat. 2842). (b) Contents A report under this section shall contain the following: (1) Description of over-budget or delayed programs For the year covered by the report, a description of each Administration program that has exceeded its cost baseline by 15 percent or more or is more than 2 years behind its projected development schedule. (2) Corrective plans For each program described under paragraph (1), a plan for a decrease in scope or requirements, or other measures, to be undertaken to control cost and schedule, including any cost monitoring or corrective actions undertaken pursuant to the National Aeronautics and Space Administration Authorization Act of 2005 ( Public Law 109–155 , 119 Stat. 2895), and the amendments made by that Act. . (7) Revision of section 30121 Section 30121 of title 51, United States Code (as redesignated and transferred by paragraph (3)(A)), is amended— (A) in the section heading, by striking Budgets and inserting General budget documentation requirements