SHORT_SUMARY: Amends penalties for theft offenses and the number of offenses needed for a felony designation.
Amends the penalties for theft offenses, including reducing the number of offenses needed for a felony designation from five to three. Establishes a misdemeanor penalty for theft offenses with property values under $1,000, punishable by up to one year in prison and a fine of up to $1,500. Effective July 1, 2026.
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