What classification applies to monetary damages over $30,000 but less than $150,000 under Texas Penal Code?

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In Texas, monetary damages that exceed $30,000 but are less than $150,000 are classified as a 3rd degree felony. This classification is part of the structure of property crime offenses in Texas law, where the severity of the offense is determined by the value of the property or damages involved. Specifically, when the value of property or monetary loss falls within the range specified, it is treated more seriously than lower classifications but is not severe enough to escalate to a 2nd degree felony, which applies to higher levels of property loss. Understanding these classifications is essential for law enforcement and legal professionals as they navigate the complexities of Texas Penal Code. This classification system is designed to correspond with the severity of the crime and the impact on victims, ensuring that legal consequences align appropriately with the scale of the offense.

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