HB1066 — revise a provision related to theft by a contractor, subcontractor, or supplier.
What changed between bill versions as it moved through the Legislature.
This amendment significantly **narrows and simplifies** the theft statute by removing the specific "$500 proceeds" threshold and the detailed requirement that unpaid labor/materials accounts remain outstanding, instead making it a general theft offense for any contractor who misappropriates property entrusted to them for improvement work. The change also eliminates the provision protecting contractors from liability for withholding funds pending work completion and removes references to mines and public utilities, focusing the law solely on real estate improvements.