Protect Taxpayers From ACORN Act - Prohibits any federal contract, grant, cooperative agreement, or other form of agreement from being awarded to, any federal funds in any other form from being provided to, or any federal employee or contractor from promoting, the Association of Community Organizations for Reform Now (ACORN) and any ACORN-related affiliate.
Requires the Federal Acquisition Regulatory Council to amend the Federal Acquisition Regulation to carry out provisions of this Act relating to contracts.