HB 13-1160 Summary

• Consolidates theft laws by amending C.R.S. 18-4-401 to include receiving stolen property, retaining rental property beyond 72 hours, and pawning stolen goods as theft offenses.

• Restructures theft penalties into a graduated scale based on value: Class 1 Petty Offense ($0-$50), Class 3 Misdemeanor ($50-$300), Class 2 Misdemeanor ($300-$750), Class 1 Misdemeanor ($750-$2,000), Class 6 Felony ($2,000-$5,000), up to Class 2 Felony ($1,000,000+).

• Repeals separate statutes for theft of rental property (18-4-402), theft by receiving (18-4-410), fuel piracy (18-4-418), and newspaper theft (18-4-419), consolidating them into the unified theft statute.

• Reduces appropriations to the Department of Corrections by $520,400 and the Judicial Department by $362,525 due to anticipated lower caseloads from the consolidation.

• Updates related statutes in public nuisance law, racketeering definitions, secondhand dealer regulations, and driver license suspension procedures to reference the new consolidated theft statute.