Oklahoma HB4106 lowers the value threshold for grand larceny and imposes felony penalties for third or subsequent petit larceny convictions.
Oklahoma HB4106 amends the state's criminal code by lowering the monetary threshold for grand larceny offenses from $1,000 to $500. It also establishes that any person convicted of a third or subsequent petit larceny offense will be guilty of a felony, punishable by imprisonment. This bill aims to enhance penalties for repeat petit larceny offenses and redefine the value threshold for grand larceny. The changes will take effect on November 1, 2026.
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