Senate bill would raise felony larceny limit to $1,500
BOSTON >> The Massachusetts Senate has passed a bill that would raise from $250 to $1,500 the threshold for being charged with felony larceny and other property crimes.
The bill's supporters say the change would bring Massachusetts in line with other states.
Supporters also note that the cutoff was set at $100 in 1906. In today's dollars that translates to about $2,400.
Under current law, stealing more than $250 is a felony, while stealing less is a misdemeanor. The felony conviction can stay on an individual's criminal record for years.
The larceny threshold hasn't been updated since 1987.
The bill also addresses felony thresholds for malicious destruction of property, credit card fraud, receiving stolen property, and shoplifting.
The Senate approved the bill on Thursday. It now heads to the House.
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