CO HB1062

Theft of a firearm is now classified as a Class 6 felony regardless of the firearm's value, amending Colorado's existing theft statute (18-4-401)

Previously, theft charges were determined by the value of stolen property; this creates a specific carve-out for firearms

Appropriates $324,225 from the general fund to the judicial department for FY 2025-26 to support trial courts

Funding assumes trial courts will need an additional 2.8 FTE to handle increased caseload

Includes a safety clause declaring the act necessary for immediate preservation of public peace, health, or safety