CRIME/THEFT: Creates the crime of theft of funds from the Louisiana Giving All True Opportunity to Rise (LA GATOR) Scholarship Program (OR SEE FISC NOTE GF EX)

HB 186 creates a new criminal offense for stealing funds from Louisiana's LA GATOR Scholarship Program, directly affecting administrators or officials who handle these scholarship funds. It sets tiered penalties based on the amount stolen: up to 20 years in prison for $25,000+ theft, up to 10 years for $5,000-$25,000, and lesser terms for smaller amounts. The bill also requires offenders to pay full restitution to victims of the theft. This law specifically targets misuse of scholarship funds, not general theft.