mccollumU.S. Rep. Betty McCollum is circulating a bill that would stop federal funding of corporations that commit felony crimes. The ACORN Act (pdf) would also stop such corporations from funding federal campaigns and limit their lobbying. The bill’s acronym stands for “Against Corporations Organizing to Rip-off the Nation” and comes on the heels of various arms of the federal government cutting off funds and ending involvement with the Association of Community Organizations for Reform Now (ACORN).

In a statement, McCollum’s office said:

Congress took action to defund one non-profit serving poor Americans — ACORN -– but not against the billion dollar corporations that are actually guilty of felonies. For the 345 Members of Congress who voted to defund ACORN this is [sic] bill is an opportunity to support corporate accountability and responsibility while punishing corporate crime.

Meanwhile, five Republican candidates for governor and Minnesota Majority demanded that Attorney General Lori Swanson launch an investigation of ACORN in Minnesota.