Vermont S0168 amends the definition of grand larceny and retail theft based on the aggregate value of stolen property.

Vermont S0168 modifies the criteria for determining whether a theft is classified as grand larceny or petit larceny, and whether retail theft is a felony or misdemeanor. The bill sets a $900 threshold for the aggregate value of stolen property, affecting both grand larceny and retail theft classifications. For retail theft, the bill specifies penalties based on the number of offenses and the aggregate value of stolen merchandise. This act takes effect upon passage.

Vermont S0168 amends the definition of grand larceny and retail theft based on the aggregate value of stolen property.

Vermont S0168 modifies the criteria for determining whether a theft is classified as grand larceny or petit larceny, and whether retail theft is a felony or misdemeanor. The bill sets a $900 threshold for the aggregate value of stolen property, affecting both grand larceny and retail theft classifications. For retail theft, the bill specifies penalties based on the number of offenses and the aggregate value of stolen merchandise. This act takes effect upon passage.