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Capitol View®
Tom Scheck

McCollum introduces her own ACORN bill

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DFL Rep. Betty McCollum's office announced today that she's introducing legislation that would forbid companies that were convicted of felonies from receiving any federal money. She dubs it the Against Corporations Organizing to Rip-off the Nation Act. Here's the news release.

Washington, DC -Congresswoman Betty McCollum (MN-04) is circulating a 'Dear Colleague' encouraging Members of the U.S. House to co-sponsor the Against Corporations Organizing to Rip-off the Nation Act of 2009 (ACORN Act). The bill prohibits corporations with a felony conviction from receiving any federal funding for the five years after the conviction, prohibits corporate felons from making federal campaign contributions for five years, and limits the lobbying the corporation can do during that period. Congresswoman McCollum will formally introduce the ACORN Act on Wednesday, September 30, 2009.