H.R. 8860, the Corporate Prosecution Reform Act, establishes new rules for how federal courts handle deferred prosecution agreements with corporations, which allow companies to avoid trial by accepting penalties and conditions. Under the bill, courts cannot approve these agreements for the most serious offenses—including crimes that cause death or serious injury, terrorism, human trafficking, and repeat violations—and must ensure any agreement includes meaningful penalties, victim compensation, and deterrents against future crimes. The legislation requires that crime victims be notified and given an opportunity to be heard before a court can approve such an agreement. Additionally, the bill modernizes federal law by replacing outdated references to "white collar crime" with "cyber and financial crime" to reflect contemporary criminal activity. The changes affect how federal prosecutors and courts handle corporate criminal cases moving forward.
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