HB 2691 creates the criminal felony offense of “theft of public funds,” which defines an offense as when a person embezzles, steals, purloins, obtains by fraud or knowingly converts to his or her use money or “things of value” of any unit of local government or school district. Charges for amounts up to $300 would be a Class 4 felony, a Class 2 felony for amounts between $300 and $10,000, a Class 1 felony for amounts between 10,000 and 100,000, and a Class X felony for amounts exceeding $100,000 in value.
April 2013
