Class 1 misdemeanor – 0 to 1 year in jail and/or fine up to $2,500.
Petit (pronounced “petty”) larceny is the theft of any good valued under $500. If the value is equal to or greater than $500, then the offense becomes “grand larceny” and is punished as a felony with 0 to 20 years in jail.
Petit larceny is a class one misdemeanor punishable by up to one year in jail. However, if a person is charged with petit larceny after having been convicted twice before of any larceny offenses, then the new charge is enhanced to a Class 6 felony, punishable by up to 5 years in jail. (See Va. Code 18.2-104)
§ 18.2-96. Petit larceny defined; how punished.
Any person who:
- Commits larceny from the person of another of money or other thing of value of less than $5, or
- Commits simple larceny not from the person of another of goods and chattels of the value of less than $500, except as provided in clause (iii) of § 18.2-95, shall be deemed guilty of petit larceny, which shall be punishable as a Class 1 misdemeanor.