Sentence:  ( Each State 's unadjusted allotment for any fiscal year , which exceeds its minimum allotment described in <WSD>item</WSD> 13 below by a percentage greater than one and one-half times the percentage by which the sum being allotted exceeds $ 23000000 , must be reduced by the amount of the excess . ) 
Meaning of the word marked with <WSD> tags:  a distinct part that can be specified separately in a group of things that could be enumerated on a list