The bill would amend the Penal Code as it relates to the punishment for the offense of theft. Under the provisions of the bill, the threshold for theft punishable as a Class C Misdemeanor would be raised from less than $50 to less than $100. The bill would also change the threshold for theft punishable as a Class B Misdemeanor from $50 or more but less than $500 to from $100 or more but less than $500.

A Class C Misdemeanor is punishable by a fine not to exceed $500 (up to 180 days of deferred disposition; no confinement). A Class B Misdemeanor is punishable by confinement in county jail for a term not to exceed 180 days and/or a fine not to exceed $2,000.

For this analysis, it is assumed the number of offenders convicted under this statute would not result in a significant impact on the programs and workload of state corrections agencies or on the demand for resources and services of those agencies.