Senate Bill No. 148 Summary

• Changes theft classification from Class D felony to Class A misdemeanor when property value is less than $750.

• Establishes theft as a Class D felony if property value is at least $750 but less than $100,000.

• Makes theft a Class C felony if property value is at least $100,000 or if stolen property is valuable metal relating to transportation/public safety or taken from hospitals, telecommunications providers, public utilities, or key facilities.

• Defines burglary as a Class C felony for breaking and entering a building with intent to commit theft as a Class A misdemeanor or any felony.

• Permits law enforcement officers to arrest persons with probable cause to believe they committed or attempted to commit theft as a Class A misdemeanor.