TO: | Honorable David Swinford, Chair, House Committee on State Affairs |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB2842 by Chisum (Relating to the criminal penalty for providing false information to outside auditors.), As Introduced |
The bill would amend the Penal Code by creating the offense of providing false information to outside auditors. The range of punishment for the offense would vary from a state jail felony to a felony of the first degree, depending on the monetary loss resulting from the violation.
A state jail felony is punishable by confinement in a state jail for any term of not more than two years or less than 180 days, or, in addition to confinement, a fine not to exceed $10,000.
A third degree felony is punishable by imprisonment in the institutional division for any term of not more than 10 years or less than 2 years, or, in addition to confinement, a fine not to exceed $10,000.
A second degree felony is punishable by imprisonment in the institutional division for any term of not more than 20 years or less than 2 years, or, in addition to confinement, a fine not to exceed $10,000.
A first degree felony is punishable by imprisonment in the institutional division for life or for any term of not more than 99 years or less than 5 years, or, in addition to imprisonment, a fine not to exceed $10,000.
Source Agencies: |
LBB Staff: | JOB, VDS, GG
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