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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
4/15/2010--Introduced. Amends Rule XI (Procedures of Committees and Unfinished Business) of the Rules of the House of Representatives to require the chair at a committee or subcommittee hearing, immediately after announcing the subject of the hearing, to state whether he or she has, had, or intends to have any financial interest in the employer of any witness at the hearing, any person retaining any such witness, or any person represented by any such witness.
Requires the chair then to recognize the ranking minority member solely for the purpose of making the same statement.