In the Texas Penal Code, what classification is given to damages over $150,000 but less than $300,000?

The classification of damages over $150,000 but less than $300,000 in the Texas Penal Code falls under a 2nd degree felony. In Texas, the severity of a felony charge tends to escalate according to the value of the damages involved. Specifically, property theft or damage that exceeds the threshold of $150,000 aligns with more serious felony classifications.

A 2nd degree felony typically encompasses significant damage to property or theft where the loss exceeds this specified range. Engaging in such actions can lead to severe penalties, emphasizing the legal system's approach to deter potential offenders from causing substantial financial harm. This reflects the state's aim to maintain a standard of accountability for significantly impactful criminal actions, distinguishing these offenses from lesser charges like misdemeanors or lower level felonies.