; and (B) control of the management and daily business operations of the business. (4) Small business concern (A) In general The term small business concern means a small business concern (within the meaning of section 3(a) of the Small Business Act ( 15 U.S.C. 632(a) )). (B) Exclusions The term small business concern does not include any concern or group of concerns controlled by the same socially and economically disadvantaged individual or individuals that have average annual gross receipts during the preceding 3 fiscal years in excess of $23,980,000, as adjusted annually by the head of the relevant Federal agency for inflation. (5) Socially or economically disadvantaged individual The term socially or economically disadvantaged individual means any socially and economically disadvantaged individuals within the meaning of section 8(d) of the Small Business Act ( 15 U.S.C. 637(d) ) and relevant subcontracting regulations issued pursuant to that Act. (6) Veteran The term veteran has the meaning given the term in section 101 of title 38, United States Code. 10422. Increasing meaningful small business participation (a) In general Except to the extent that the head of the relevant Federal agency determines otherwise— (1) not less than the percentage described in subsection (b) for the applicable fiscal year of the amounts made available for each covered infrastructure program shall be expended through small business concerns; and (2) not less than the percentage described in subsection (b) for the applicable fiscal year of the total number of projects that receive assistance under each covered infrastructure program shall be subcontracted through a small business concern. (b) Percentage described The percentage referred to in each of paragraphs (1) and (2) of subsection (a) is— (1) for fiscal year 2021, 6 percent; (2) for fiscal year 2022, 12 percent; (3) for fiscal year 2023, 19 percent; (4) for fiscal year 2024, 26 percent