MS HB392

Creates a new crime of selling stolen property, defined as intentionally selling property known or reasonably believed to be stolen.

Increases maximum prison sentences for receiving or selling stolen property: 7 years (property valued $1,000-$5,000), 12 years (property valued $5,000-$25,000), and 22 years (property exceeding $25,000).

Increases maximum jail sentence for receiving or selling stolen property under $1,000 from 6 to 9 months, and increases penalty for third or subsequent offenses from 3 to 5 years.

Requires courts to order persons convicted of selling stolen property to pay the owner the full value of the stolen property before paying any court fees or other criminal penalties.

Effective July 1, 2025.