Increases penalties for identity theft when victim is a senior citizen or veteran.

This New Jersey bill increases penalties for identity theft when the victim is a senior citizen (62 or older) or a veteran. For example, if a senior or veteran is the sole victim and the theft involves less than $500, a first offense becomes a third-degree crime (previously fourth-degree), and repeat offenses become second-degree crimes (previously third-degree). The bill also raises penalties for trafficking personal identifying information obtained from facilities serving seniors or veterans (like retirement communities or veterans' facilities), with higher quantities of stolen data leading to more severe charges. These changes make penalties stricter when vulnerable groups are targeted, without altering the core definition of identity theft.