Exchange Commission to ensure shareholders of corporations have knowledge of corporation political activity. Subtitle G—Disclosure of Political Spending by Government Contractors Sec. 4601. Repeal of restriction on use of funds to require disclosure of political spending by government contractors. Subtitle H—Limitation and Disclosure Requirements for Presidential Inaugural Committees Sec. 4701. Short title. Sec. 4702. Limitations and disclosure of certain donations to, and disbursements by, inaugural committees. Subtitle I—Severability Sec. 4801. Severability. A Findings Relating to Illicit Money Undermining Our Democracy 4001. Findings relating to illicit money undermining our democracy Congress finds the following: (1) Criminals, terrorists, and corrupt government officials frequently abuse anonymously held limited liability companies (LLCs), also known as shell companies , to hide, move, and launder the dirty money derived from illicit activities such as trafficking, bribery, exploitation, and embezzlement. Ownership and control of the finances that run through shell companies are obscured to regulators and law enforcement because little information is required and collected when establishing these entities. (2) The public release of the Panama Papers in 2016 and the Paradise Papers in 2017 revealed that these shell companies often purchase and sell United States real estate. United States anti-money laundering laws do not apply to cash transactions involving real estate effectively concealing the beneficiaries and transactions from regulators and law enforcement. (3) Congress should curb the use of anonymous shell companies for illicit purposes by requiring United States companies to disclose their beneficial owners, strengthening anti-money laundering and counter-terrorism finance laws. (4) Congress should examine the money laundering and terrorist financing risks in the real estate market, including the role of anonymous parties, and review legislation to address any vulnerabilities identified in this