; or (ii) fail to satisfy the requirement under subparagraph (C). (B) Subsidiary requirement The requirement under subparagraph (A)(i) shall apply to each subsidiary of a covered entity, if applicable. (C) Report Not later than 1 year after the date of enactment of the Putting American Autoworkers First Act of 2023 , and annually thereafter until the end of the applicable period, each covered entity shall provide to the Secretary such information as the Secretary may require to demonstrate that the covered entity (including each subsidiary, if applicable) has not carried out a prohibited activity. (4) Noncompliance (A) In general If a covered entity becomes noncompliant with the requirements under paragraph (3), the covered entity shall pay to the Secretary— (i) in the case of receiving an award, 200 percent of the amount of the award; and (ii) in the case of receiving a loan, the amount of the loan, at a schedule determined by the Secretary, at an interest rate that is double the higher of— (I) the interest rate; and (II) the subsidy rate. (B) Period of payment Any payment imposed pursuant to subparagraph (A) shall be paid by the covered entity to the Secretary over such period as is determined appropriate by the Secretary. ; and (2) by redesignating subsection (m) as subsection (l). 5. Exclusion of offshoring manufacturers under domestic manufacturing conversion grant program Section 712(a) of the Energy Policy Act of 2005 ( 42 U.S.C. 16062(a) ) is amended— (1) in paragraph (2)— (A) by striking The program and inserting the following: (A) In general The program ; and (B) by adding at the end the following: (B) Eligibility Beginning on the date of enactment of the Putting American Autoworkers First Act of 2023 , no entity described in paragraph (4)(A)(ii)(I) shall be eligible for a grant or loan guarantee under this paragraph if that entity (or a subsidiary of that entity) has carried out a prohibited activity (as defined in paragraph (4)(A)) as of that date.