The "Lobbying Disclosure Improvement Act" seeks to amend the Lobbying Disclosure Act of 1995, aiming to enhance transparency in lobbying activities. It introduces a new disclosure requirement for entities registered under the LDA. Specifically, the bill modifies Section 4(b) of the Lobbying Disclosure Act to mandate that registrants include a statement. This statement must declare whether the registrant is exempt under section 3(h) of the Foreign Agents Registration Act of 1938 . This addition would provide greater clarity on whether a lobbying entity's activities fall under certain exemptions related to foreign principals.