Updated: 4:47 p.m.

A new campaign finance bill will not get a House vote before the Memorial Day recess, a House Democratic source said Thursday afternoon.

“It’s going to be one of the first things we take up when we get back,” the source said.

With jobs legislation preoccupying Members for the duration of the week, the source said the House Rules Committee postponed a Thursday afternoon hearing to finalize the DISCLOSE Act. The legislation, sponsored by Democratic Congressional Campaign Committee Chairman Chris Van Hollen (Md.), would roll back elements used in the Supreme Court’s recent Citizens United v. Federal Election Commission decision.

In its 5-4 ruling, the high court in January threw out most restrictions on political advertising paid for by corporations, trade associations and other nonprofit organizations.

In an e-mail, Rules spokesman Vincent Morris said the bill was put on hold to accommodate pending defense and tax measures before the recess.