June 18, 2019

HB 14-1266: Adjusting Penalties for Certain Value-Based Crimes

On February 4, 2014, Rep. Beth McCann and Sen. Linda Newell introduced HB 14-1266 – Concerning the Penalties for Certain Value-Based Offenses. This summary is published here courtesy of the Colorado Bar Association’s e-Legislative Report.

Recently the penalties for theft changed based on the value of the loss. As introduced, the bill changes the penalties for criminal mischief, fraud by check, defrauding a secured creditor, and unauthorized use of a financial transaction device and computer crime. The changes create new threshold loss levels for a full range of penalties from a class 2 felony down to a petty offense or a low level misdemeanor.

On March 11, the Judiciary Committee amended the bill and referred it to the Appropriations Committee.

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