Bill > HB4106

This bill, effective November 1, 2026, modifies Oklahoma's laws regarding larceny, which is the unlawful taking of another person's property. Specifically, it lowers the threshold for what constitutes grand larceny, a more serious crime, from property valued at $1,000 or more to property valued at $900 or more, while the definition of petit larceny, a less serious crime, remains the same for property taken from a person's body. Additionally, the bill introduces a new felony penalty for individuals convicted of three or more separate petit larceny offenses within a 180-day period if the total value of the stolen property exceeds $900; this felony conviction would carry penalties similar to those for a Class D3 felony offense, which can include imprisonment or fines.