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Richmond council backs grand larceny threshold increase

(AP) The Richmond City Council has endorsed an increase in the state’s threshold for grand larceny charges.

Currently, anyone who steals property worth more than $200 can be charged with grand larceny. That’s a felony punishable by up to 20 years in prison.

The Virginia State Crime Commission says the threshold is among the lowest in the country. The General Assembly has rejected recent efforts to raise the limit to $500 to account for inflation and reduce criminal justice costs. Another effort is expected in 2015. Retailers have opposed the increase.

The Richmond Times-Dispatch reports the City Council has backed an increase but hasn’t specified an amount. Council President Charles Samuels says a higher threshold would be more realistic.

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