Oklahoma SB855 modifies the value thresholds for misdemeanor and felony offenses related to larceny of merchandise from retailers or wholesalers.
Oklahoma SB855 amends the value thresholds for misdemeanor and felony offenses related to the larceny of merchandise from retail or wholesale establishments. The bill specifies that if the value of stolen goods is less than $1,000, it is a misdemeanor. If the value is between $1,000 and $2,500, it is a felony punishable by up to two years in prison. For values between $2,500 and $15,000, the felony carries a potential eight-year prison sentence. The bill also allows for the aggregation of values for multiple offenses committed within 180 days.
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