Raises the monetary value of damaged property that is considered criminal mischief or securities fraud

This bill increases the monetary threshold for criminal mischief and securities fraud charges from $2,500 to $1,000. It directly affects individuals who intentionally damage property or engage in fraudulent securities transactions by raising the amount of property value required for these offenses to be classified as felonies. The changes apply to both new offenses and pending cases, making it easier for prosecutors to pursue felony charges in cases involving higher-value property damage or fraud.