Congressional Reform Resolution of 1989

Congressional Reform Resolution of 1989 - Requires each standing committee of the House of Representatives with subject matter jurisdiction to report to the House on legislation to: (1) apply the following laws to Members, officers, and employees of the House: (A) the section of the Federal criminal code that relates to post-employment conflict of interest; and (B) the chapter of Federal Judiciary and Judicial Procedure that relates to an independent counsel; (2) amend the Federal Election Campaign Act of 1971 to eliminate personal use of excess campaign funds by certain Members of the House and to prohibit acceptance of campaign contributions from multicandidate political committees; and (3) amend the Ethics in Government Act of 1978 with respect to Members, officers, and employees of the House to: (A) require that all financial disclosure reports list the exact dollar amount of all holdings, liabilities, and income required to be disclosed under such Act; (B) limit the qualified blind trust exemption to trusts created before a reporting individual becomes a Member, officer, or employee of the House; (C) require the disclosure of the terms and exact rate of interest paid on liabilities reportable under such Act; and (D) limit the exemption from the reporting requirements for life insurance policies to those policies with cash values not in excess of $20,000.

Requires the Committee on Rules, by October 1, 1990, to report an amendment to: (1) rule XLVII of the Rules of the House of Representatives to prohibit the acceptance of honoraria and to require that outside income include all copyright royalties derived from publications, except publications completed before an individual becomes a Member, officer, or employee of the House; and (2) clause 4(e) of rule X of the Rules of the House of Representatives to allow investigations to be undertaken by the Committee on Standards of Official Conduct upon receipt of a written complaint from any individual and to require that such committee conduct random audits of financial disclosure statements filed by Members of the House.