The Times reports.

The plan, which the lobbyists and watchdog groups have been presenting to Congressional staff members in recent closed-door meetings, would limit the contributions that lawmakers can take from the beneficiaries of earmarks they arrange. Top officials from companies getting earmarks would be limited to donating $5,000 to lawmakers in each two-year election cycle, and they would not be allowed to give at all while seeking an earmark.

BLT‘s got a good report, too.  Aren’t BLT’s great?