2007 Senate Bill 703

Increase identity theft penalties, and authorize asset forfeiture

Introduced in the Senate

Sept. 4, 2007

Introduced by Sen. Ray Basham (D-8)

To increase the penalties for identity theft, and to authorize the seizure and forfeiture of assets from an individual when a court has found that there is probable cause to believe that the assets are proceeds from serious identity theft violations or were used to perpetrate the crime. Among other penalties the bill would increase, it would raise the maximum penalty for third and subsequent violations of the most serious types of identity theft to 15 years in prison and a $75,000 fine.

Referred to the Committee on Judiciary