The legislative bill in question intends to modify existing laws in Minnesota by increasing the penalties for motor vehicle theft. Specifically, it amends the penalties in the Minnesota Statutes of 2024, emphasizing harsher repercussions. If the stolen property is a motor vehicle, the thief could face up to ten years in prison or a fine of up to $20,000, or potentially both. This change is part of broader adjustments to the sentencing related to the value of the stolen property and other specific circumstances of the theft, such as whether the stolen property includes firearms, trade secrets, controlled substances, or other valuable items. The intent of these changes is to act as a deterrent to reduce the incidences of these crimes.