Theft of public funds new stand-alone crime established, and criminal penalties provided.

Summary

The bill adds a stand‑alone offense called theft of public funds, covering anyone who takes, misuses, or obtains government money by deception or swindling. It applies to all state, local, and other government entities and to third parties that manage publicly funded programs. Penalties range from up to six years for small amounts to up to 24 years and $100,000 fines for theft over $35,000, effective August 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share