; (2) maintain payroll; (3) purchase materials or equipment; (4) make rent or mortgage payments; or (5) pay for obligations that cannot be met due to revenue losses. (f) Termination The authority to award grants under this section shall terminate on December 31, 2024. (g) Report Not later than 2 years after the date of the enactment of this Act, the Administrator shall submit to the Committee on Small Business of the House of Representatives and the Committee on Small Business and Entrepreneurship of the Senate a report evaluating the impact of the program. (h) Tax exemption For purposes of the Internal Revenue Code of 1986— (1) any grant made under this section shall not be included in the gross income of the person that receives such grant; and (2) no deduction shall be denied, no tax attribute shall be reduced, and no basis increase shall be denied, by reason of the exclusion from gross income provided under paragraph (1) of this subsection. (i) Authorization of appropriations There is authorized to be appropriated to the Administrator $30,000,000 to carry out this section. (j) Definitions In this section: (1) The term Administrator means the Administrator of the Small Business Administration. (2) The term covered period means the period beginning on August 1, 2023, and ending on December 31, 2024. (3) The term eligible entity means an entity operating on or after August 8, 2023, on the island of Maui that— (A) is a private nonprofit organization; or (B) experienced revenue loss between August 8, 2023, and December 31, 2023, and is— (i) a small agricultural cooperative (as defined in section 3(j) of the Small Business Act ( 15 U.S.C. 632(j) )); (ii) a business with not more than 25 employees; (iii) any individual who operates under a sole proprietorship or as an independent contractor