From the State Capitol: Rob Karr, of the Illinois Retail Merchants Association, is joined by the Illinois Sheriffs’ Association and Counsel to the Illinois Municipal League, to argue against an effort to raise the dollar amount of retail theft from $300 to $2500, before a theft qualifies as a felony.
Mr Karr says raising the felony threshold to as much as $2500, would put Illinois at the very top in the nation, in terms of what constitutes a felony theft. And the Illinois Municipal League notes the loss of local sales taxes are already costing Illinois communities millions of dollars, as the estimated loss by retail theft in Illinois is already over $2 Billion annually.