Raises the monetary value of damaged property considered criminal mischief or securities fraud.
New York S00870 amends the penal law and general business law to increase the monetary value of damaged property that qualifies as criminal mischief or securities fraud. For criminal mischief, the threshold rises from $250 to $1,000. For criminal mischief in the second degree, the threshold increases from $1,000 to $3,500. Additionally, the bill raises the monetary value for securities fraud from $250 to $1,000. The changes apply to offenses committed after the bill's effective date and to pending cases.
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