HB86 Summary

• Increases threshold amounts for theft of property offenses in Alabama Code Sections 13A-8-3 through 13A-8-5, raising the dollar values that determine the degree of theft charges.

• Revises theft of property in the first degree threshold from $2,500 to $3,500; theft in the second degree from $1,500-$2,500 to $2,500-$3,500; and theft in the third degree from $500-$1,499 to $1,500-$2,500.

• Updates the aggregate theft value threshold for organized theft schemes from $1,000 to $2,000 within a 180-day period to constitute first-degree theft.

• Makes nonsubstantive technical revisions to update existing code language to current style, including correcting references and restructuring definition sections.

• Becomes effective on the first day of the third month following passage and approval by the Governor.