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Form for so CR47 Prop 47 BPetitionb PDF

Form for so CR47 Prop 47 BPetitionb PDF

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Last few months, areas have seen a rise in retail crime across California. We've seen Major smash and grabs against luxury retailers and smaller businesses as well. So now state lawmakers are looking to change a proposition they think is leading to this increase. Lena, can you tell us more about Proposition 47? Yeah, good morning prop. 47 is what voters passed eight years ago to make retail theft a misdemeanor. When someone steals anything under $950. Now, this is what some lawmakers believe is leading to an increase in crime. But let's give you a little context on that. We don't have any statewide numbers for 2021 yet, but the public Policy Institute of California reports that overall property theft has steadily declined over the last 20 years. But the PPIC does. Link prop. 47 to temporary increases in some crimes after the law was enacted, we spoke with an economist to find out how thefts affect retail businesses. Even at the low profit margins and the struggle that retailers are fac

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