MS HB1027

Creates a new crime of "selling stolen property" as distinct from receiving stolen property, applying to anyone who intentionally sells property knowing or having reasonable grounds to believe it was stolen

Increases maximum imprisonment for receiving or selling stolen property valued $1,000-$5,000 from 5 years to 7 years; $5,000-$25,000 from 10 years to 12 years; over $25,000 from 20 years to 22 years

Increases maximum jail time for stolen property under $1,000 from 6 months to 9 months, and raises third offense penalties from 3 years to 5 years imprisonment

Requires courts to order anyone convicted of selling stolen property to pay the owner the full value of the property before any court fees or other criminal penalties are collected

Takes effect July 1, 2026