Bill > SF1364

This bill modifies Minnesota's existing law on embezzlement of public funds by increasing criminal penalties based on the amount of money stolen. Specifically, the bill creates a new penalty tier for embezzlement cases involving $100,000 or more, which would be punishable by up to 20 years in prison and a fine of up to $50,000. The existing penalty structure remains unchanged for embezzlement of $2,500 or less (up to 5 years in prison and a $10,000 fine) and for amounts between $2,500 and $100,000 (up to 10 years in prison and a $20,000 fine). The bill includes an effective date of August 1, 2025, and will apply to crimes committed on or after that date, meaning the new penalty tiers will only be applicable for future embezzlement offenses. This change aims to provide more stringent legal consequences for larger-scale embezzlement of public funds, potentially serving as a stronger deterrent for financial misconduct involving government resources.

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https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1364&ssn=0&y=2025