; (C) describe any significant problems the Advocate for Employee Ownership has identified during such fiscal year and ways to mitigate such problems; (D) contain recommendations for any administrative or legislative action that may be appropriate to resolve barriers to, and to incentivize, practices that promote employee ownership, including the use of employee stock ownership plans; and (E) describe progress related to employee ownership in businesses in the United States. (3) Concurrent submission The Advocate for Employee Ownership shall submit a copy of each report submitted under paragraph (1) to the Secretary of Labor, and any other appropriate official, at the same time such report is submitted under paragraph (1). (4) Public availability The Advocate for Employee Ownership shall make a copy of each report submitted under paragraph (1) available to the public. (5) Definition of employee stock ownership plan For purposes of this section, the term employee stock ownership plan has the meaning given the term in section 4975(e)(7) of the Internal Revenue Code of 1986. (f) Authorization of appropriations There is authorized to be appropriated such sums as may be necessary to carry out subsection (d). . (b) Clerical amendment The table of contents in section 1 of the Employee Retirement Income Security Act of 1974 ( 29 U.S.C. 1001 note) is amended by inserting after the item relating to section 3004 the following new item: Sec. 3005. Advocate for employee ownership. .