This bill amends West Virginia Code §61-3-13, which pertains to the criminal offenses of larceny, by reforming the monetary thresholds for petit and grand larceny. The bill raises the value threshold for grand larceny from $1,000 to $2,500, while also increasing the maximum fine for grand larceny from $2,500 to $10,000. Additionally, it eliminates the option for alternative sentencing of one year in jail for grand larceny convictions, mandating imprisonment in the penitentiary for a term of one to ten years instead.

Furthermore, the bill introduces a new offense called aggravated grand larceny, which applies to cases involving goods or chattels valued at $25,000 or more. A conviction for aggravated grand larceny would result in a prison sentence of three to fifteen years and a potential fine of up to $100,000. Overall, the bill aims to strengthen penalties for larceny offenses and establish clearer distinctions between the various levels of larceny crimes.

Statutes affected:
Introduced Version: 61-3-13