Bill > HB196

This bill amends existing law to increase the penalty for receiving a stolen firearm, specifically when the value of the firearm is less than $2,500. Previously, receiving a stolen firearm valued under $2,500 was classified as a fourth-degree felony, but this bill changes it to a third-degree felony, making the offense more serious and potentially carrying a harsher punishment. The bill defines "receiving stolen property" as intentionally keeping or disposing of property known or believed to be stolen, unless the intent is to return it to its rightful owner, and clarifies that "stolen property" includes items acquired through various criminal acts like theft or robbery.

Business and Industry

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=196&year=26