It is the clock spring assembly for the LS. If I remember correctly, that white plug doesn't go to anything. Of course, it has been quite sometime since I replaced my clock spring.
DaBuDReW
When I replaced the clockspring on my MarkVII the replacement had an extra connector similar to the one you show for the LS. I did not use it and everything controled by the clockspring functions as it should. Good luck
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