NV SB264

Lowers the felony theft threshold from $1,200 to $650 and revises penalty tiers: misdemeanor (under $650), category D felony ($650-$3,000), category C felony ($3,000-$10,000), category B felony ($10,000-$100,000 with 1-10 years), and category B felony ($100,000+ with 2-20 years)

Expands burglary of a business by removing the "unlawful entry" requirement, making it a crime to simply enter any business structure with intent to commit larceny, assault, battery, or any felony

Creates new "habitual theft offender" designation for persons convicted of a misdemeanor theft offense who have two or more prior misdemeanor theft convictions, punishable as a category B felony with 1-10 years in state prison

Broadens organized retail theft to include a single theft (not just a series of thefts), removes the requirement that merchandise be returned or resold, and criminalizes buying, receiving, or possessing merchandise obtained through organized retail theft

Applies the lowered $650 threshold to numerous related offenses including bad checks, grand larceny, petit larceny, stolen property, fraud, and deceptive trade practices