Bill

Bill > A3488


NJ A3488

NJ A3488
Lowers monetary threshold for certain motor vehicle theft to constitute second degree crime.


summary

Introduced
02/05/2024
In Committee
02/05/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

Currently, theft offenses are graded based primarily on the value of the item involved or, for second and third degree crimes, graded by the attendant circumstances or category. Thus, a theft is graded as a crime of the second degree crime if the amount involved is $75,000 or more. A theft is graded as a crime of the third degree if the amount involved exceeds $500 but is less than $75,000. A theft is graded as a crime of the fourth degree if the amount involved is at least $200 but does not exceed $500. This bill would lower the monetary threshold for motor vehicle theft to constitute a crime of the second degree. Under the bill, a motor vehicle valued at $25,000 or more would be a crime of the second degree. A crime of the second degree is punishable by up to 10 years in prison, a fine of up to $150,000, or both. A motor vehicle valued at less than $25,000 would remain a crime of the third degree.

AI Summary

This bill lowers the monetary threshold for motor vehicle theft to constitute a second-degree crime. Currently, theft is graded based on the value of the item involved, with theft of $75,000 or more being a second-degree crime. This bill adds that theft of a motor vehicle valued at $25,000 or more would also be a second-degree crime, punishable by up to 10 years in prison, a fine of up to $150,000, or both. Theft of a motor vehicle valued at less than $25,000 would remain a third-degree crime.

Committee Categories

Justice

Sponsors (1)

Last Action

Introduced, Referred to Assembly Judiciary Committee (on 02/05/2024)

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