Bill > HB3694

This bill amends Oklahoma's law on larceny of merchandise from a retailer. It reduces the threshold for certain penalties from $1,000 to $500, meaning that thefts of less than $500 will be punished as misdemeanors, while thefts of $500 or more but less than $2,500 will be punished as felonies. The bill also allows for aggregation of multiple offenses within a 90-day period and holds individuals liable for the total value of items taken in concert with others. The bill becomes effective on November 1, 2024.