Bill > S00870

This bill raises the monetary thresholds for criminal charges related to property damage and securities fraud in New York state. Specifically, the bill increases the threshold for criminal mischief from $250 to $1,000 for basic property damage, and from $1,500 to $3,000 for criminal mischief in the second degree, which is considered a class D felony. Additionally, the bill modifies the threshold for securities fraud from $250 to $1,000, making it a class E felony when fraudulent activities result in obtaining property valued over that amount. The bill also updates language to use gender-neutral terminology (changing "he" to "they"). The changes will apply to offenses committed on or after the bill's effective date, as well as to pending criminal proceedings involving offenses committed prior to the effective date. These modifications effectively raise the financial bar for prosecuting certain property damage and fraud-related crimes, potentially reducing the number of minor incidents that would be considered criminal offenses.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/S870