MS HB1374

Creates new crime of selling stolen property, applying to persons who intentionally sell property knowing or having reasonable grounds to believe it was stolen

Increases penalties for receiving or selling stolen property: up to 7 years imprisonment (previously 5) for property valued $1,000-$5,000; up to 12 years (previously 10) for $5,000-$25,000; up to 22 years (previously 20) for over $25,000

Increases penalties for lower-value stolen property (under $1,000): up to 9 months jail (previously 6 months); increases third or subsequent offense penalties to 5 years (previously 3 years) for property valued $500 or more

Requires courts to order persons convicted of selling stolen property to pay the victim the full value of the stolen property before any court fees or other criminal penalties are paid

Takes effect July 1, 2024