Summary

Amends the Federal Trade Commission Act's definition of the term “Corporation” by making two textual edits: replacing the phrase ", and any" with ", any," and directing the insertion of additional text immediately before the final period (the inserted text is not shown in the excerpt). The change is phrased as a textual amendment to the existing statutory definition rather than as a new program, funding, or enforcement mechanism. This is a narrowly focused, technical amendment. Its practical effects depend on the content of the text being inserted (not provided here); as written it appears to be an editorial change that could nonetheless affect how the FTC’s jurisdiction or coverage language is parsed and applied in litigation or rulemaking. No funding or effective date is specified in the provided text.

Key Points

• Makes two textual edits to the FTC Act’s definitional paragraph for "Corporation": a small punctuation/wording change and the insertion of unspecified additional text.
• The replacement of ", and any" with ", any," is a minor grammatical/punctuation edit that can change clause grouping in statutory lists.
• The amendment directs new text be added before the paragraph’s final period; the content of that inserted text is not included in the excerpt.
• No new spending, programs, appropriations, or administrative procedures are created in the text provided.
• Practical effect depends entirely on the substance of the inserted text: it could be purely editorial or could change which entities are covered by the FTC Act.
• May lead to short-term legal questions or litigation about statutory meaning if the change alters scope or creates ambiguity.
• Directly affects entities classified as "Corporation" under the FTC Act and indirectly affects consumers and market participants covered by FTC rules and enforcement tied to that definition.

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