House Rule XXVII - Disclosure by members and staff of employment negotiations

Changes to rule in the 111th Congress (2009-2010)
House Rules Committee Chair Rep. Louise Slaughter (D-N.Y.) released this summary of the rule changes at the beginning of the 111th Congress:

"DISCLOSURE BY MEMBERS OF EMPLOYMENT NEGOTIATIONS: This provisions amends clause 1 of rule XXVII to close the loophole in the rule that allowed lame-duck Members, Delegates, and the Resident Commissioner to directly negotiate future employment or compensation without public disclosure. The rule will now apply to all current Members, Delegates, and the Resident Commissioner requiring them, within 3 business days after the commencement of such negotiation or agreement of future employment or compensation, to file with the Committee on Standards of Official Conduct a statement regarding such negotiations or agreement.

Disclosure by members and staff of employment negotiations
1. A Member,  Delegate,  or  Resident  Commissioner  shall  not  directly  negotiate  or  have  any  agreement  of  future  employment   or    compensation   unless  such   Member,   Delegate,   or   Resident  Commissioner,  within  3  business  days  after the commencement of such negotiation or agreement of future employment  or  compensation,  files  with  the  Committee   on   Standards   of   Official  Conduct  a  statement,  which  must  be  signed   by   the   Member,   Delegate,   or  Resident Commissioner, regarding such  negotiations   or   agreement,   including  the name of the private entity or entities  involved  in  such  negotiations  or  agreement,  and  the  date  such  negotiations or agreement commenced.

2. An officer  or  an  employee  of  the  House earning in excess of 75 percent of  the  salary  paid  to  a  Member  shall  notify the Committee on Standards of Official  Conduct  that  such  individual  is  negotiating  or  has  any  agreement   of  future employment or compensation.

3. The  disclosure   and   notification  under  this   rule  shall  be  made  within  3  business days after the commencement  of such negotiation or agreement of future employment or compensation.

4. A Member,  Delegate,  or  Resident  Commissioner,  and  an  officer  or  employee to whom this rule applies, shall  recuse himself or herself from any matter in which there is a conflict of inter-  est  or  an  appearance  of  a  conflict  for  that Member, Delegate, Resident Com-  missioner,  officer,  or  employee  under  this   rule   and   shall   notify   the   Committee  on  Standards  of  Official  Con-  duct  of  such  recusal. A Member,  Delegate,  or  Resident  Commissioner  making   such   recusal   shall,    upon   such  recusal, submit to the Clerk for public  disclosure  the  statement  of  disclosure under  clause  1  with  respect  to  which  the recusal was made.