Theft-penalty for fifth or subsequent offense.

HB 112 increases penalties for repeat theft offenses by establishing a new felony classification for a fifth or subsequent conviction. It directly affects individuals convicted of a fifth or later theft-related crime, including shoplifting, larceny, or property theft under state or local laws. The bill imposes a maximum penalty of 10 years in prison, a $10,000 fine, or both for these offenses. This change takes effect on July 1, 2023, modifying existing theft penalty statutes to create a separate felony tier for repeat offenders.