The star was busted in July for taking sunglasses from a store a block away from The Modern Honolulu hotel, where he was staying. He was on vacation with girlfriend Brittany Cartwright at the time of the incident.
"I had too many drinks, too many mai tais. I made a mistake, took full responsibility and I understand this is going to follow me the rest of my life due to the fact that I'm on television," he said in a courtroom video posted by local TV station khon2. "So I just want to say I'm sorry and I apologize."
Taylor, 36, was ordered to pay $1,150 in fees and fines, as well as $350 to the store and $105 to the crime victim compensation fund.
RELATED VIDEO: Lisa Vanderpump Shares About How Yolanda Foster is Holding up After Announcing Her Divorce
His Vanderpump Rules costar Katie Maloney previously told PEOPLE the arrest surprised her.
"He's been on such good behavior," said Maloney. "Jax has kind of grown up a bit. I think he realized that it's not cute anymore to be this lying trouble maker causing fights between friends ... I don't know where this came from. It was such the old Jax that no one has seen in a while. There was really no excuse for it."