; and (B) by inserting after section 510 the following new section: 511. Disclosure of and prohibition against certain disbursements (a) In general A committee shall not be considered to be the Inaugural Committee for purposes of this chapter unless the committee agrees to, and meets, the requirements of this section. (b) Disclosure of disbursements (1) Initial disbursement report Not later than the date that is 90 days after the date of the Presidential inaugural ceremony, the Committee shall file an initial disbursement report with the Federal Election Commission under this subsection. (2) Subsequent disbursement reports After filing the initial disbursement report described in paragraph (1), the Committee shall file subsequent disbursement reports with the Federal Election Commission under this subsection not later than 60 days after each date by which the Committee makes additional disbursements in an aggregate amount or value equal to or greater than $100,000. (3) Contents of report In each disbursement report filed under this subsection, the Committee shall disclose each disbursement of money or anything of value made by the Committee to any person in an aggregate amount or value equal to or greater than $200 since the most recent report filed by the Committee under this subsection, and shall include the following information with respect to each such disbursement: (A) The amount, purpose, and date of the disbursement. (B) The name and address of the recipient of the disbursement. (C) If the disbursement is made to repay a loan, the amount of the loan and the amount of any remaining balance on the loan. (D) If the disbursement is made to refund a donation or to offset a portion of a donation, the name of the donor and the amount of the donation. (E) Whether or not the disbursement is made with surplus funds of the committee, and if so, the amount of any remaining surplus funds of the committee. (c) Format of reports The Committee shall ensure that each report filed under this section is in a searchable and