Posted: | January 9, 2013 04:31 PM |
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From: | Senator Jay Costa |
To: | All Senate members |
Subject: | Fraudulent Business Practices Grading |
Please join me in sponsoring legislation introduced as S.B. 521 in the 2011-2012 legislative session by Senators COSTA, BROWNE, FONTANA, TARTAGLIONE, KITCHEN, SOLOBAY, RAFFERTY, BOSCOLA, BREWSTER, ALLOWAY AND STACK. The legislation will increase the grading of certain offenses under the Crimes Code that involve large amounts of funds and enhanced sentences when those offenses involve a local government agencies or the breach of a fiduciary duty. Specifically, the grading of fraudulent or deceptive business practices will be increased from a felony of the third degree to a felony of the first degree or second degree depending on the amount of funds involved in the commission of the offense. I am concerned with the inadequate punishment offered by current law for the fraudulent business practices involving large sums of money or when the offense involves charities, local governments or schools. Currently, these offenses rise to a felony of the third degree when they involve $2000 or more. However, in most cases, a person charged with these offenses involving large amounts of is ordinarily a first time offender and will not face jail time based on the low grading of the offense. In cooperation with the Allegheny County District Attorney’s Office, I have drafted legislation that will increase the grading for theft and fraudulent or deceptive business practices offenses as follows:
I hope you will join me in sponsoring this legislation. Thank you for your attention to this matter. |
Introduced as SB426