Purpose of the Bill

The purpose of this bill is to increase the penalty for embezzlement of public funds in Minnesota, depending on the amount of money involved.

Main Provisions

• This bill amends the penalties associated with embezzling public funds as outlined in Minnesota Statutes, Section 609.54.
• It creates a tiered penalty system based on the value of the embezzled funds:
  1. If the embezzled amount is $2,500 or less, the punishment can be up to 5 years in prison, a fine of up to $10,000, or both.
  2. For embezzled amounts between $2,500 and $100,000, the sentence can be up to 10 years in prison, a fine of up to $20,000, or both.
  3. If the amount is $100,000 or more, the penalty can be up to 20 years in prison, a fine of up to $50,000, or both.

Significant Changes

• The bill introduces stricter penalties with longer imprisonment terms and higher fines for embezzlement of larger amounts of public funds.

Relevant Terms

embezzlement, public funds, penalties, fines, imprisonment, Minnesota Statutes, tiered penalty system