Section 11.46.982. Adjustment for inflation increasing the value of property or services as an element of an offense.

   (a) The Alaska Judicial Council shall publish a report on July 1, 2020, calculating the increase in value, if any, of property or services as an element of an offense in this chapter from a base value of $250 and $1,000, based on a formula provided by the Department of Labor and Workforce Development, reflecting the change in the Consumer Price Index for the Anchorage metropolitan area compiled by the Bureau of Labor Statistics, United States Department of Labor.
   (b) The Alaska Judicial Council shall, in calculating the price of property or services as provided in this section,
        (1) recalculate the base value of property and services of $250 and $1,000 every five years; and
        (2) report the base value of property and services of $250 and $1,000 rounded to the nearest $50 increment.
   (c) The Alaska Judicial Council shall publish the report provided in this section by electronically providing copies of the report
        (1) to all law enforcement agencies in the state;
        (2) to the Public Defender Agency;
        (3) to the office of public advocacy;
        (4) to the attorney general;
        (5) to the court system;
        (6) on the judicial council's Internet website; and
        (7) to the senate secretary and the chief clerk of the house of representatives.

Authorities

11.46.130;11.46.140;11.46.150;11.46.220;11.46.260;11.46.270;11.46.280;11.46.285;11.46.360;11.46.482;11.46.484;11.46.486;11.46.530;11.46.620;11.46.730;11.46.980

Notes

References

AS 11.46.130 Theft in the second degree.
AS 11.46.140 Theft in the third degree.
AS 11.46.150 Theft in the fourth degree.
AS 11.46.220 Concealment of merchandise.
AS 11.46.260 Removal of identification marks.
AS 11.46.270 Unlawful possession.
AS 11.46.280 Issuing a bad check.
AS 11.46.285 Fraudulent use of an access device.
AS 11.46.360 Vehicle theft in the first degree.
AS 11.46.482 Criminal mischief in the third degree.
AS 11.46.484 Criminal mischief in the fourth degree.
AS 11.46.486 Criminal mischief in the fifth degree.
AS 11.46.530 Criminal simulation.
AS 11.46.620 Misapplication of property.
AS 11.46.730 Defrauding creditors.
AS 11.46.980 Determination of value; aggregation of amounts.

History

(Sec. 25 ch 36 SLA 2016)