Deal Reached on Felony Theft Level

Date: February 17, 2014

In the latest report from Juneau, NFIB/State Director Denny DeWitt reports on NFIB’s negotiations with a key senator over raising the current monetary tipping point separating a misdemeanor theft from a felony one at $500.

Senate Bill 64, the omnibus crime bill, has moved out of Senate Judiciary Committee and is now in the Senate Finance Committee. Sen. John Coghill reduced the change in the felony level to $750. His discussions with NFIB began at an amount over $2,000, then he negotiated it down to $1,500, then $1,000, finally to $750. 
While this is a $250 increase in the current $500, the NFIB/Alaska Leadership Council thought this was a compromise we could accept. We appreciate Senator Coghill’s receptiveness to NFIB concerns while trying to balance the costs to a dwindling state budget.
Business Licensing
House Bill 32 by Rep. Mia Costello was heard in the House Finance Committee. This is the bill that would change the business licensing law from requiring a license for every line of business to one business license for all.
Stolen Property
Senate Bill 110 by Senator Dyson will be heard in the Senate Judiciary committee. This measure would help get property held for evidence returned to its owner. This bill allows the Office of Victims Advocate to initiate an appeal if the law-enforcement agency continues its refusal to return property.
Past 2014 Legislative Reports

Related Content: Small Business News | Alaska

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What began at more than $2,000 was negotiated down between the sponsor and NFIB’s Leadership Council to $750.

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