Nebraska LB464 creates the offense of organized retail crime and sets penalties under the Nebraska Criminal Code.

Nebraska LB464 establishes the offense of organized retail crime, defining it as the theft of retail merchandise with intent to resell or transfer for value. The bill outlines specific actions that constitute the crime, including knowingly committing or facilitating theft, using devices to aid theft, and tampering with security systems. Penalties vary based on the aggregated retail market value of the stolen merchandise, ranging from a Class IIA felony for values over $5,000 to a Class I misdemeanor for values over $500.

Nebraska LB464 creates the offense of organized retail crime and sets penalties under the Nebraska Criminal Code.

Nebraska LB464 establishes the offense of organized retail crime, defining it as the theft of retail merchandise with intent to resell or transfer for value. The bill outlines specific actions that constitute the crime, including knowingly committing or facilitating theft, using devices to aid theft, and tampering with security systems. Penalties vary based on the aggregated retail market value of the stolen merchandise, ranging from a Class IIA felony for values over $5,000 to a Class I misdemeanor for values over $500.