H. R. 8552 aims to change the Federal Election Campaign Act of 1971 to prevent criminal corporations from spending money in political campaigns for federal, state, or local offices. A "criminal corporation" is defined as one convicted of certain serious crimes or those that...
Simple Explanation
The bill says companies that have done very bad things and have been caught or made big deals to avoid getting punished can't spend their money to help or hurt people running for political jobs for 10 years. This is to make sure these companies don't use their money to unfairly change elections.