The bill amends Section 30-16-11 of the New Mexico Statutes to increase the penalties for receiving stolen firearms. Under the new provisions, if a person receives a stolen firearm valued at less than $2,500, they will be guilty of a third degree felony, as opposed to the previous classification of a fourth degree felony. This change aims to impose stricter penalties on individuals involved in the illegal possession of stolen firearms.

Additionally, the bill retains the existing definitions and penalties for receiving stolen property based on its value, which range from petty misdemeanors for property valued at $250 or less to second degree felonies for property exceeding $20,000. The amendments specifically highlight the increased severity of penalties for firearms, reflecting a legislative intent to address the issue of gun theft and trafficking more rigorously.

Statutes affected:
introduced version: 30-16-11