Establishing an earmark moratorium for fiscal year 2011.

Makes it out of order in the House to consider legislation reported or not reported by any committee, or any amendment or conference report, that includes a congressional earmark or limited tax benefit.

Applies such prohibition only to legislation providing or authorizing discretionary budget authority, credit authority, or other spending authority, or providing a federal tax deduction, credit, or exclusion in FY2011.

Excludes from such prohibition any authorization of appropriations to a federal entity which is not specifically targeted to a state, locality, or congressional district.

Prohibits the House Committee on Rules from reporting a rule or order that would waive such point of order.