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Senate Bill 0464


Senate Bill 0464

ARCHIVE (2011)

Latest Information

 

DIGEST OF SB464 (Updated April 21, 2011 6:45 pm - DI 84)


Depository rule. Defines "public servant", and substitutes "public servants" for "public officers" with respect to certain duties and obligations concerning public funds. Makes knowingly or intentionally failing to properly deposit public funds a Class A misdemeanor, and increases the penalty to a Class D felony if the amount involved is at least $750 and to a Class C felony if the amount involved is at least $50,000. (The offense is currently a Class B felony.) Repeals a conflicting provision.
    Current Status:
     Law Enacted
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