February 20, 2023 - Introduced by Representatives Binsfeld, Behnke, Brooks, Brandtjen, Donovan, Kitchens, Murphy, Mursau, Rettinger, Sapik and Wichgers, cosponsored by Senators Jacque and Marklein. Referred to Committee on Criminal Justice and Public Safety.
AB50,,22An Act to amend 943.20 (3) (a) and 943.20 (3) (bf) of the statutes; relating to: felony theft of property and providing a penalty. AB50,,33Analysis by the Legislative Reference Bureau Under current law, theft of property valued at up to $2,500 is a Class A misdemeanor, and theft of property valued at more than $2,500 but not more than $5,000 is a Class I felony. Under this bill, theft of property valued at up to $1,000 is a Class A misdemeanor, and theft of property valued at more than $1,000 but not more than $5,000 is a Class I felony.
Under current law, the penalty for a Class A misdemeanor is a fine of up to $10,000 or imprisonment for up to nine months, or both, and the penalty for a Class I felony is a fine of up to $10,000 or imprisonment for up to three years and six months, or both.
Because this bill creates a new crime or revises a penalty for an existing crime, the Joint Review Committee on Criminal Penalties may be requested to prepare a report.
AB50,,44The people of the state of Wisconsin, represented in senate and assembly, do enact as follows: AB50,15Section 1. 943.20 (3) (a) of the statutes is amended to read: AB50,,66943.20 (3) (a) If the value of the property does not exceed $2,500 $1,000, is guilty of a Class A misdemeanor. AB50,27Section 2. 943.20 (3) (bf) of the statutes is amended to read: AB50,,88943.20 (3) (bf) If the value of the property exceeds $2,500 $1,000 but does not exceed $5,000, is guilty of a Class I felony.