1. Short title This Act may be cited as the STEP Improvement Act of 2023 . 2. State Trade Expansion program (a) Application requirements Section 22(l)(3) of the Small Business Act ( 15 U.S.C. 649(l)(3) ) is amended— (1) in subparagraph (D)— (A) in clause (i), by inserting , including a budget plan for use of funds awarded under this subsection before the period at the end; and (B) by adding at the end the following: (iii) Timing The Associate Administrator shall— (I) publish information on how to apply for a grant under this subsection, including specific calculations and other determinations used to award such a grant, not later than March 31 of each year; (II) establish a deadline for the submission of applications that is not earlier than 60 days after the date on which the information is published under subclause (I) and that is not later than May 31; and (III) announce grant recipients not later than August 31 of each year. ; and (2) by adding at the end the following: (E) Application information The Associate Administrator shall clearly communicate to applicants and grant recipients any information about the State Trade Expansion Program, including— (i) for each unsuccessful applicant for a grant awarded under this subsection, recommendations to improve a subsequent application for such a grant; and (ii) for each successful applicant for such a grant, an explanation for the amount awarded, if different from the amount requested in the application. (F) Budget plan revisions (i) In general A State receiving a grant under this subsection may revise the budget plan of the State submitted under subparagraph (D) after the disbursal of grant funds if— (I) the revision complies with allowable uses of grant funds under this subsection