OK SB2166

Amends embezzlement law to add "or municipal ordinance" to the definition of funds that individuals must pay over to appropriate authorities, clarifying that embezzlement includes failure to remit taxes or monies collected under municipal ordinances.

Establishes a tiered punishment structure for embezzlement based on property value: under $500 (misdemeanor with up to 1 year jail and $1,000 fine); $500-$1,000 (felony with up to 1 year jail and $5,000 fine plus restitution); $1,000-$25,000 (felony with up to 5 years prison and $5,000 fine plus restitution); $25,000+ (felony with up to 10 years prison and $10,000 fine plus restitution).

Increases penalties for county or state officers who embezzle appropriated funds to 1-10 years in prison, a fine equal to triple the embezzled amount (operating as a judgment lien), and mandatory restitution.

Becomes effective July 1, 2010, with an emergency clause allowing immediate effect upon passage and approval.