; and (B) transmit at least 1 copy of both the classified report and the classified annexes to the sensitive compartmented information facilities of the Senate and House of Representatives. (5) Rule of construction Nothing in this subsection may be construed to require the disclosure of classified information, law enforcement sensitive information, or other information reflecting technical, procedural, or policy concerns subject to protection under section 552 of title 5, United States Code. 302. Spectrum auctions Not later than December 30, 2027, the Commission shall complete a system of competitive bidding under section 309(j) of the Communications Act of 1934 ( 47 U.S.C. 309(j) ) to grant new licenses for the band of frequencies between 12700 megahertz and 13250 megahertz, inclusive. IV Extension of FCC auction authority 401. Extension of FCC auction authority Section 309(j)(11) of the Communications Act of 1934 ( 47 U.S.C. 309(j)(11) ) is amended by striking March 9, 2023 and inserting September 30, 2029 . V Workforce development A Improving minority participation 501. Short title This subtitle may be cited as the Improving Minority Participation And Careers in Telecommunications Act or the IMPACT Act . 502. Definitions (a) Definitions In this subtitle: (1) Covered grant The term covered grant means a grant awarded under section 503. (2) Eligible entity The term eligible entity means a historically Black college or university, a Tribal College or University, or any other minority-serving institution, or a consortium of those entities, that forms a partnership with 1 or more of the following entities to carry out a training program: (A) A member of the telecommunications industry, such as a company or industry association. (B) A labor or labor-management organization with experience working in the telecommunications industry, the electromagnetic spectrum industry, or a similar industry. (C) The Telecommunications Industry Registered Apprenticeship Program. (D) A nonprofit organization dedicated to helping