What amount constitutes a 1st degree felony according to Texas Penal Code 2?

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In the Texas Penal Code, a first-degree felony is defined as a serious crime that is punishable by significant penalties. Specifically, for theft-related offenses under Texas law, the amount that constitutes a first-degree felony is anything over $300,000. This threshold ensures that only the most severe cases of theft, which involve substantial financial loss, are classified at this elevated level of felony.

In contrast, the other amounts listed do not meet the criteria established for first-degree felonies. The amounts that fall below $300,000 might correspond to lesser felony classes, such as second-degree or third-degree felonies or even misdemeanors, depending on the specific circumstances of the offense. Understanding these thresholds is crucial for interpreting legal classifications and the severity of various offenses under Texas law.

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