A Class B felony in the state of Indiana was punishable by 6 to 20 years in prison and a fine of up to $10,000. However, as of July 1, 2014, the state's penal code for felonies consists of Level 1, 2, 3, 4, 5 and 6 felonies instead.
According to the Indiana Code, the penalty for a Level 3 felony is a prison term between 3 and 20 years, and a fine of not more than $10,000. The penalty for a Level 4 felony, meanwhile, is a prison term between 2 and 12 years, and a fine of not more than $10,000. As such, Level 3 felony corresponds most closely with the former classification for a Class B felony.
Murder is the most severe crime in Indiana, and falls outside of the letter-or-number classification systems. A Class A felony, before the statutory amendments, was the most serious crime after that. Under the current system, a Level 1 felony is the most serious crime after murder.
The Indiana Code also contains advisory sentences, or the sentences recommended by statutes. For a Class B felony, the advisory sentence was 10 years in prison. For a Level 3 or Level 4 felony, the advisory sentences are 6 and 4 years, respectively.