LEGISLATIVE COUNSEL'S DIGEST


AB 2372, as amended, Ammiano. Grand theft: property value
threshold.
Existing law generally provides that grand theft is theft when the
money, labor, or real or personal property taken is of a value
exceeding $400.
This bill would increase the value threshold for committing grand
theft from $400 to $1,000 $950 . By
revising an element of an existing crime, this bill would impose a
state-mandated local program.
The California Constitution requires the state to reimburse local
agencies and school districts for certain costs mandated by the
state. Statutory provisions establish procedures for making that
reimbursement.
This bill would provide that no reimbursement is required by this
act for a specified reason.