NJ S3449

Lowers the monetary threshold for fourth degree theft from $200 to $100, meaning theft of property valued between $100 and $500 would be a fourth degree crime rather than a disorderly persons offense.

Reduces the threshold for disorderly persons theft offenses from under $200 to under $100.

Amends identity theft statutes similarly, making theft of benefits under $100 (previously $500) a fourth degree crime, and theft of $100-$75,000 a third degree crime.

Requires a mandatory minimum sentence of one year imprisonment for anyone convicted of theft as an indictable offense under either the consolidated theft statute or identity theft statute.

Fourth degree crimes carry penalties of up to 18 months imprisonment and $10,000 in fines, compared to disorderly persons offenses which carry up to 6 months and $1,000 fines.