; and (ii) in section 13(c)(1) ( 15 U.S.C. 80a–13(c)(1) )— (I) in subparagraph (A), by striking or at the end; (II) in subparagraph (B), by striking the period at the end and inserting or ; and (III) by adding at the end the following: (C) are covered entities, as that term is defined in section 12(d)(4)(B). . (B) Effective date The amendments made by subparagraph (A) shall take effect on the date that is 1 year after the date of enactment of this Act. (3) Federal funds (A) In general Except as provided in subparagraph (B), on and after the date that is 180 days after the date of enactment of this Act, no Federal funds may be used to enter into, extend, or renew a contract or purchasing agreement with a covered entity. (B) Waiver The head of a Federal agency may issue a national security waiver to the prohibition in subparagraph (A) for a period of not more than 2 years with respect to a covered entity if the agency head submits to Congress a notification that includes— (i) a written justification for the waiver