AL SB264

Creates the crime of "theft of valor" under Alabama Code Section 13A-8-10.5, making it illegal to knowingly wear, purchase, sell, manufacture, or trade military decorations and medals to receive material gain without authorization.

Establishes that falsely representing oneself as having received military decorations or medals in order to obtain material gain constitutes theft of valor.

Defines "material gain" broadly to include food, lodging, compensation, travel expenses, public benefits, or anything of tangible value, regardless of monetary amount.

Sets criminal penalties as Class B misdemeanor for basic violations; Class A misdemeanor with $5,000 minimum fine for violations involving Distinguished-Service Cross, Navy Cross, Air Force Cross, Silver Star, or Purple Heart; and Class C felony for violations involving the Congressional Medal of Honor.

Tolls the statute of limitations for prosecution, specifying that the limitation period does not commence until discovery of the facts constituting the offense.