; (B) has not more than 5 employees; and (C) for the most recently completed fiscal year of the entity (if any) and any preceding fiscal year, has annual gross revenues of less than $150,000. (4) State The term State means each of the several States, the District of Columbia, each commonwealth, territory, or possession of the United States, and each federally recognized Indian tribe. (h) Authorization of appropriations There is authorized to be appropriated to the Secretary to carry out this section $5,000,000, of which not more than 5 percent shall be available for the costs of administering the grant program established under this section, for each of the fiscal years 2021 through 2025. EE Improving Contract Procurement for Small Businesses through More Accurate Reporting 13901. Short title This subtitle may be cited as the Improving Contract Procurement for Small Businesses through More Accurate Reporting Act of 2020 . 13902. Reporting requirements for certain small business concerns Section 15(h)(2)(E) of the Small Business Act ( 15 U.S.C. 644(h)(2)(E) ) is amended— (1) in clause (i)— (A) in subclause (III), by striking and at the end; and (B) by adding at the end the following new subclauses: (V) that were purchased by another entity after the initial contract was awarded and as a result of the purchase, would no longer be deemed to be small business concerns for purposes of the initial contract; and (VI) that were awarded using a procurement method that restricted competition to small business concerns owned and controlled by service-disabled veterans, qualified HUBZone small business concerns, small business concerns owned and controlled by socially and economically disadvantaged individuals, small business concerns owned and controlled by women, or a subset of any such concerns; ; (2) in clause (ii)— (A) in subclause (IV), by striking and at the end