Establishes the crime of aggravated grand larceny

S 7241 creates a new crime called "aggravated grand larceny" for individuals convicted of fourth-degree grand larceny involving a motor vehicle who have a prior conviction for the same offense within the last five years. This offense is classified as a class D felony, making it a more serious charge than standard fourth-degree grand larceny. The bill specifically targets repeat offenders in vehicle-related theft cases, increasing penalties for those with recent similar convictions. It does not change existing penalties for first-time offenses or other types of grand larceny.