Minnesota HF4900 establishes theft of public funds as a stand-alone crime with specific penalties.

Minnesota HF4900 creates a new crime of theft of public funds, defining it as taking, using, transferring, concealing, or retaining public funds without consent and with intent to deprive the government entity permanently. The bill outlines various acts that constitute theft of public funds, including intentional deception and swindling. Penalties vary based on the value of the stolen funds, with maximum sentences ranging from six years to 24 years and fines up to $100,000. The law takes effect on August 1, 2026.

Minnesota HF4900 establishes theft of public funds as a stand-alone crime with specific penalties.

Minnesota HF4900 creates a new crime of theft of public funds, defining it as taking, using, transferring, concealing, or retaining public funds without consent and with intent to deprive the government entity permanently. The bill outlines various acts that constitute theft of public funds, including intentional deception and swindling. Penalties vary based on the value of the stolen funds, with maximum sentences ranging from six years to 24 years and fines up to $100,000. The law takes effect on August 1, 2026.