Amendment: Section 2F1.1(b)(1) is amended by deleting:


and inserting in lieu thereof:


Reason for Amendment: The purposes of this amendment are to conform the theft and fraud loss tables to the tax evasion table in order to remove an unintended inconsistency between these tables in cases where the amount is greater than $40,000, to increase the offense levels for offenses with larger losses to provide additional deterrence and better reflect the seriousness of the conduct, and to eliminate minor gaps in the loss table.

Effective Date: The effective date of this amendment is November 1, 1989.