Loading chat...
AK SB5
Bill
AI Summary
-
Amends Alaska law to include loss of income as a compensable damage in restitution orders, defined as the total loss of income a business or person suffers from not having stolen property available during replacement time.
-
Establishes property valuation standard for restitution: courts shall value property at market value at the time and place of the crime, or if market value cannot be determined, at the cost of replacement within a reasonable time after the crime.
-
Expands restitution to require defendants to compensate nonprofit organization victims for the value of labor or goods provided by volunteers if necessary to alleviate or mitigate effects of the crime.
-
Applies the amendments to restitution orders for offenses committed on or after the effective date of the act.
Legislative Description
Restitution: Property And Income Loss
Crimes
Last Action
EFFECTIVE DATE(S) OF LAW 8/9/15
5/15/2015