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Bill

HR 8860

Corporate Prosecution Reform Act

119th Congress Introduced by Madeleine Dean and 9 co-sponsors

The bill strengthens federal tools to prosecute corporate crime, aiming to hold corporations and individuals accountable with enhanced statutes, penalties, and enforcement.

Introduced in House
2
WeVote Research Nonpartisan
Bill Summary · HR 8860

Bill Overview

HR 8860, introduced in the 119th Congress, seeks to amend title 18 of the United States Code to enhance the prosecution of corporate crime. The bill, sponsored or co-sponsored by multiple members of the House, was introduced on May 15, 2026 and referred to the House Committee on the Judiciary on the same day.

Purpose and Intent

  • The central aim is to strengthen federal tools and authorities available to prosecutors to pursue corporate wrongdoing.
  • The bill targets improving accountability for corporations and individuals involved in criminal activity within corporate settings.

Key Provisions and Changes (as described in the bill’s title and summary)

  • Amendments to title 18, United States Code, designed to enhance enforcement against corporate crime. While the exact textual changes are not provided here, typical elements in such measures may include:
    • Expanded or clarified criminal statutes applicable to corporate conduct (e.g., securities fraud, fraud affecting consumers or markets, obstruction, false statements).
    • Strengthened penalties or sentencing provisions for corporate crimes or for individuals who participate in corporate wrongdoing.
    • Expanded jurisdiction or venue provisions to ensure federal prosecutors can effectively pursue cases.
    • Procedural enhancements affecting investigations, evidence gathering, or prosecution related to corporate offenses.
  • The focus is on increasing the effectiveness of federal prosecution of corporate crimes and ensuring that both corporations and individuals implicated in wrongdoing face meaningful consequences.

Affected Parties and Impacts

  • Primary: Corporations and corporate officers, directors, employees, and agents implicated in criminal conduct.
  • Secondary: Investors, consumers, employees, and the broader marketplace that could be affected by corporate malfeasance.
  • Law enforcement and the Department of Justice would gain enhanced tools and authorities to investigate and prosecute corporate crimes.

Procedural and Timeline Aspects

  • Status: Referred to the House Committee on the Judiciary on May 15, 2026. Introduction and referral indicate the bill is at an early stage and would undergo committee consideration, markups, and potential floor votes.
  • If advanced, the bill would proceed through committee hearings and amendments before potential floor passage in the House and eventual consideration by the Senate, along with any reconciliation processes.

Additional Considerations

  • Specific dollar amounts, thresholds, or numerical standards are not provided in the summary available here; the full text would spell out any monetary penalties, fines, or economic thresholds.
  • The bill’s effectiveness would depend on how its provisions interact with existing corporate crime statutes, enforcement priorities, and resources.

If you would like, I can pull the bill’s full text or a detailed line-by-line analysis to extract exact amendments, penalties, and procedural steps.

Compiled from official sources — confirm details with the bill’s official record.

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