; and (B) the spouse, child, son-in-law, or daughter-in-law, as determined under applicable common law, of an individual described in subparagraph (A). (4) Executive department The term Executive department has the meaning given the term in section 101 of title 5, United States Code. (5) Member of congress The term Member of Congress means a Member of the Senate or House of Representatives, a Delegate to the House of Representatives, and the Resident Commissioner from Puerto Rico. (6) Equity interest The term equity interest means— (A) a share in an entity, without regard to whether the share is— (i) transferable; or (ii) classified as stock or anything similar; (B) a capital or profit interest in a limited liability company or partnership; or (C) a warrant or right, other than a right to convert, to purchase, sell, or subscribe to a share or interest described in subparagraph (A) or (B), respectively. (b) Requirement The principal executive officer and the principal financial officer, or individuals performing similar functions, of an entity seeking to enter a transaction made under paragraph (36) or (37) of section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ), as added and amended by this Act, shall, before that transaction is approved, disclose to the Administrator whether the entity is a covered entity. (c) Applicability The requirement under subsection (b)— (1) shall apply with respect to any transaction made under paragraph (36) or (37) of section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ), as added and amended by this Act, on or after the date of enactment of this Act; and (2) shall not apply with respect to— (A) any transaction described in paragraph (1) that was made before the date of enactment of this Act