House Bill No. 250, introduced by Representative Jackson, aims to establish the crime of misappropriation of funds specifically related to the payment of utility services. The bill enacts a new section, R.S. 14:71.5, which stipulates that individuals who receive payments under lease contracts or rental agreements for utility services must apply those funds appropriately to cover the owed amounts. The legislation outlines various penalties based on the value of the misappropriated funds, ranging from imprisonment for up to six months and fines of up to $1,000 for amounts less than $1,000, to imprisonment for up to 20 years and fines of up to $50,000 for amounts of $25,000 or more.

Additionally, the bill mandates that individuals convicted of this offense must make full restitution to victims who have suffered financial losses due to the misappropriation. The definitions of "person" and "utility services" are clarified within the bill, ensuring a comprehensive understanding of the terms involved. The bill also includes several amendments that refine the penalties and clarify restitution provisions, while removing the proposed offense from existing laws related to property seizure and racketeering activities.

Statutes affected:
HB6 Original: 14:1(B)(5)