CA AB2545

Amends Penal Code Section 496 to make knowingly buying or receiving a stolen firearm punishable as either a misdemeanor or felony, regardless of the firearm's value.

Currently, receiving stolen property under $950 is only a misdemeanor unless the person has prior serious/violent felony convictions or sex offender registration requirements; this bill creates an exception for firearms.

Applies the same punishment structure to concealing, selling, withholding, or aiding in concealing stolen firearms as applies to other stolen property.

Requires voter approval to become effective, as it amends Proposition 47 (Safe Neighborhoods and Schools Act) which can only be modified by voter-approved legislation.

Will be submitted to voters at the next statewide general election in accordance with Elections Code Section 9040.