(b) The Commission shall issue a report to the members of the Montgomery County delegation to the General Assembly on or before September 1, 2019, and every 4 years thereafter, regarding its recommendations for the appropriate compensation for members of the Montgomery County Board of Education, including:

(1) any additional stipend for the president of the county board; and

(2) a scholarship amount to be awarded to a student member of the county board who completes a full term on the county board to be applied toward the student’s higher education costs.