Lowers monetary threshold for certain motor vehicle theft to constitute second degree crime.

This bill amends New Jersey's theft statute to set a specific $25,000 value threshold for motor vehicle theft to be classified as a second-degree crime. Currently, most thefts exceeding $75,000 are second-degree, but this change ensures motor vehicles valued at $25,000 or more automatically qualify as second-degree offenses (punishable by up to 10 years in prison), while vehicles under $25,000 remain third-degree theft. It directly affects individuals who steal motor vehicles worth $25,000 or more, raising the severity of penalties for higher-value auto thefts. The bill maintains the existing structure but clarifies the lower threshold specifically for motor vehicles.