CA AB2718

Refines the definition of shoplifting to require intent to steal retail property or merchandise valued under $950, and excludes certain offenses from shoplifting prosecution including firearm theft, vehicle theft, identity theft, forgery, and embezzlement.

Excludes the same categories of offenses (firearm theft, vehicle theft, identity theft, forgery, embezzlement) from the petty theft provision that requires theft under $950 to be charged as a misdemeanor.

Creates a new "serial theft" offense for persons with two or more prior convictions for specified crimes (burglary, robbery, shoplifting, petty/grand theft, carjacking, receiving stolen property, identity theft, etc.) who are subsequently convicted of petty theft or shoplifting where the property value exceeds $500.

Serial theft is punishable as either a misdemeanor (up to one year in county jail) or a felony under Section 1170(h), and can be charged in addition to the predicate offense.

All provisions become effective only upon voter approval at the next statewide general election.