(a) The division shall not make expenditures pursuant to this article that exceed the following sum in any one fiscal year:
(1) Two million dollars ($2,000,000) commencing on July 1, 2008, for the 200809 fiscal year, and continuing for six fiscal years thereafter.
(2) One million dollars ($1,000,000), commencing with the 201516 fiscal year.
(b) On October 1, 2011, the department shall report to the Legislature on the number of orphan wells remaining, the estimated costs of abandoning those orphan wells, and a timeline for future orphan well abandonment
with a specific schedule of goals.