Raises the monetary value of damaged property that is considered criminal mischief or securities fraud.

New York A10473 amends the penal law and the general business law to increase the monetary threshold for property damage to qualify as criminal mischief or securities fraud. Specifically, it raises the value from $250 to $1,000 for criminal mischief and from $1,000 to $3,500 for criminal mischief in the second degree. This change applies to offenses committed on or after the effective date of the act.

Raises the monetary value of damaged property that is considered criminal mischief or securities fraud.

New York A10473 amends the penal law and the general business law to increase the monetary threshold for property damage to qualify as criminal mischief or securities fraud. Specifically, it raises the value from $250 to $1,000 for criminal mischief and from $1,000 to $3,500 for criminal mischief in the second degree. This change applies to offenses committed on or after the effective date of the act.