; or (B) a precipitous decline in the financial resources of the State. (h) State maintenance of equity As a condition of receiving an allotment under this section, a State shall meet the maintenance of equity requirements in section 2004(b) of the of the American Rescue Plan Act of 2021 ( Public Law 117–2 ). (i) Supplement, not supplant Funds made available under this section shall be used to supplement, and not supplant, other Federal, State, and local funds that would otherwise be expended to carry out activities under this section. 202. Accountability for equitable access to profession-ready teachers (a) Institutional and program annual reports (1) Annual reporting Each teacher preparation entity approved to operate teacher preparation programs in the State and that receives or enrolls students receiving Federal assistance shall report annually to the State and the general public, in a uniform and comprehensible manner that conforms with the definitions and methods established by the Secretary, the following: (A) Pass rates For the most recent year for which the information is available for each teacher preparation program offered by the teacher preparation entity, the following: (i) Except as provided in clause (ii), for those students who took the assessments used for teacher certification or licensure by the State in which the entity is located and are enrolled in the teacher preparation program, the percentage of such students who passed such assessment. (ii) In the case of an entity that requires a valid and reliable teacher performance assessment in order to complete the preparation program, the entity may submit in lieu of the information described in clause (i) the pass rate of students taking the teacher performance assessment. (B) Entity information A description of the following: (i) The number of students in the entity (disaggregated by race, ethnicity, sex, and disability status). (ii) The number of hours of supervised clinical preparation required for each program. (iii) The total number of