Upgrades theft to a crime of the first degree if amount involved is $500,000 or more.

This bill (A635) changes New Jersey's theft penalties by upgrading theft of $500,000 or more in value to a first-degree crime. Currently, theft of $75,000 to $499,999 is a second-degree crime. The change applies to all stolen property types, including cash, goods, or assets, and affects individuals committing large-scale thefts. It does not alter existing first-degree theft categories, such as theft of human remains via deception.