Oklahoma SB748 amends larceny laws to establish penalties based on the value of stolen goods from retailers or wholesalers.
Oklahoma SB748 amends the state's larceny laws, specifically targeting theft from retail or wholesale establishments. It sets penalties based on the value of stolen goods. For a first or second conviction involving goods worth less than $1,000, the offense is a misdemeanor, punishable by up to one year in county jail and a fine up to $1,000. For goods valued between $1,000 and $2,500, the offense is a felony, punishable by up to two years in state prison and a fine up to $1,000.
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