MS HB743

Adds definition of "organized retail theft" to Section 97-43-3, Mississippi Code of 1972, defining it as stealing or obtaining retail merchandise in quantities not for personal use for resale purposes, or recruiting persons to participate in such activities.

Amends Section 97-43-3.1 to specify that "organized retail theft" applies to conduct including shoplifting, computer fraud, identity fraud, false information, mail fraud, and fraudulent use of identifying information.

Makes it unlawful for any person to conduct, organize, supervise or manage an organized retail theft enterprise, or to knowingly receive proceeds or services derived from such an enterprise.

Establishes that an "organized theft or fraud enterprise" requires association of two or more persons engaged in transferring or selling merchandise, services, or information that causes pecuniary loss to victims.

Prescribes penalties of up to 20 years imprisonment and/or a fine of up to $25,000 for violations, with ability to aggregate merchandise values across multiple acts committed pursuant to one scheme or organized enterprise.

Takes effect July 1, 2017.