Opinion
CHIN, J.A jury found defendant Syed Abeida Athar guilty of conspiracy to engage in money laundering in violation of the general conspiracy statute, Penal Code section 182, subdivision (a)(1).1 Defendant was not charged with (or convicted of) money laundering itself under section 186.10, subdivision (a). The trial court sentenced him to a two-year term for the base crime of conspiracy, and imposed a four-year enhancement under section 186.10, subdivision (c)(1)(D).
We granted review to decide whether the trial court may impose an enhancement under section 186.10, subdivision (c), for money laundering when the defendant is not convicted of money laundering under section 186.10, subdivision (a), but is convicted of conspiracy to commit that offense under section 182. Under section 182, subdivision (a), a conspirator is to receive punishment “in the same manner and to the same extent as is provided for the punishment of’ the target felony. Applying this provision, we conclude that the enhancement provisions of section 186.10, subdivision (c), do apply when the defendant has been convicted of conspiracy to commit money laundering but not of money laundering itself.
FACTS AND PROCEDURAL HISTORY
We summarize the relevant facts and procedural history as presented by the Court of Appeal.
Beginning in July 1994, defendant and some friends began to sell counterfeit Microsoft software. The partners established various fictitious businesses to conceal the unlawful sales and took the profits for themselves. They distributed the profits by depositing them into various bank accounts and *399transferring them by check, cashier’s check, and cash to other accounts. Between August 1994 and September 1996, defendant and his partners engaged in nearly 300 transactions, and over $2.5 million was eventually transferred.
Since June 1996, Microsoft had been receiving complaints about the counterfeit software and had alerted the San Diego Police Department of the scheme. Based on the information received, police arrested defendant on September 6, 1996. The search following arrest turned up 1,100 to 1,300 units of counterfeit software in defendant’s possession.
An indictment was filed in 1999, charging defendant and his partners with conspiracy to engage in money laundering and to manufacture a counterfeit mark. (§§ 182, 350, subd. (d)(3).) The indictment alleged approximately 55 overt acts, some occurring as early as July 1994. The indictment further alleged that “the value of the transaction or transactions exceeds two million five hundred thousand dollars ($2,500,000), in violation of Penal Code section 186.10 (c)(1)(D).” The indictment did not charge defendant with money laundering under section 186.10, subdivision (a), although several of his partners were so charged. Defendant was charged, however, with possession for sale of 1,000 or more counterfeit marks in violation of section 350, subdivision (d)(3).
As relevant here, a jury convicted defendant of conspiracy to commit money laundering. (§ 182, subd. (a)(1).) The jury also found that the value of the transactions was in excess of $2,500,000, the statutory minimum required for imposing a four-year enhancement following a conviction for the substantive crime of money laundering. (§ 186.10, subd. (c)(1)(D).) The trial court sentenced defendant to two years for conspiracy and four years for the money laundering enhancement under section 186.10, subdivision (c)(1)(D). The court then stayed the entire sentence and imposed five years’ probation conditioned on one year in the county jail and various fines and restitution.
The Court of Appeal affirmed the judgment. Defendant petitioned for review, raising certain issues, but failed to question whether he should have received the money laundering enhancement because he was not charged or convicted of money laundering. We granted and transferred the case so the Court of Appeal could consider that issue.
A majority of the Court of Appeal held that money laundering enhancements apply to the charge of conspiracy to commit money laundering. We granted defendant’s petition for review limited to the money laundering enhancement issue.
*400DISCUSSION
Section 182, subdivision (a), provides that conspiracy to commit felonies other than those specifically identified “shall be punishable in the same manner and to the same extent as is provided for the punishment of that felony.” (§ 182, subd. (a).) Section 186.10, subdivision (c)(1), provides possible enhancements for money laundering, stating, among other things, that “Any person who is punished under subdivision (a) by imprisonment in the state prison shall also be subject to an additional term of imprisonment in the state prison as follows: [f] . . . [f] (D) If the value of the transaction or transactions exceeds two million five hundred thousand dollars ($2,500,000), the court. . . shall impose an additional term of imprisonment of four years.” (§ 186.10, subd. (c)(1).)2
The Court of Appeal majority upheld defendant’s conspiracy conviction and application of the money laundering enhancement based on the fact that conspirators under section 182, subdivision (a), must be punished “in the *401same manner and to the same extent” as those convicted of the “target felony,” i.e., money laundering.
The Court of Appeal, relying on the plain meaning rule, concluded that section 186.10, subdivision (c), requires the enhancement because it does not specifically prohibit it. (See People v. Gardeley (1997) 14 Cal.4th 605, 621 [59 Cal.Rptr.2d 356, 927 P.2d 713] (Gardeley) [when statutory language is clear and unambiguous, and not susceptible of more than one meaning, courts should not engage in statutory construction].) The court observed that “[h]ad the Legislature intended to apply the money laundering enhancements to only those persons convicted of the substantive offense of money laundering, it would have so provided in subdivision (c) of section 186.10.” Therefore, the court reasoned, because the Legislature did not exclude conspiracy actions from the enhancement provisions, the enhancement here was mandatory.
The People agree, asserting that the requirement of the conspiracy statute that one convicted of conspiracy must be punished “in the same manner and to the same extent” as provided for the punishment of the target offense, means that defendant is deemed punished under section 186.10. As the People observe, by its terms, section 186.10, subdivision (c), does not require a court to convict defendant of the target offense, but instead that he be punished under section 186.10, subdivision (a). Relying on People v. Kramer (2002) 29 Cal.4th 720 [128 Cal.Rptr.2d 407, 59 P.3d 738] (Kramer), the People add that section 182’s requirement that a defendant be punished for, as opposed to convicted of, the felony with the “greater maximum term” (§ 182, subd. (a)) demonstrates a legislative intent to incorporate enhancements into any conspiracy conviction.
Justice McDonald’s dissent argued that the mere fact that section 182 refers to the target crime to determine the punishment for conspiracy does not mean one is deemed punished for the target crime. “[Defendant] did not commit the crime of money laundering ... he committed the crime of conspiracy. Therefore, he was punished under the conspiracy statute for committing the crime of conspiracy; he was not punished under the money laundering statute because he did not commit the crime of money laundering.”
We agree with the Court of Appeal majority and the People. It is true, as defendant contends, that conspiracy is separate and distinct from the substantive crime that is its object. But we cannot ignore the fact that the punishment for a conspiracy to commit the felony of money laundering is the same as that for money laundering. (§ 182, subd. (a).)
Kramer, supra, 29 Cal.4th 720, supports the People’s contention. In Kramer, we applied amended section 654 to decide the proper punishment in *402a case in which the defendant fired a gun at a moving car containing two occupants, and was convicted of both discharging a firearm at an occupied vehicle (§ 246), and assault with a firearm (§ 245, subd. (a)(2)). (Kramer, supra, 29 Cal.4th at p. 722.) Amended section 654 provides that when an act or omission is punishable in different ways by different provisions of law, it “shall be punished under the provision that provides for the longest potential term of imprisonment . . . .” (§ 654, subd. (a).) Kramer observed that the punishment for violating section 246 is three, five, or seven years, while the punishment for violating section 245, subdivision (a)(2), is two, three, or four years. (Kramer, supra, 29 Cal.4th at p. 722.)
Viewed in isolation, section 246 provided for the longest potential term of imprisonment and, under section 654, would be the applicable statute for sentencing defendant. (Kramer, supra, 29 Cal.4th at p. 722.) However, because the section 245, subdivision (a)(2), count was eligible for the firearm-use enhancement of section 12022.5, subdivision (a), while the section 246 count was not, we held that the assault charge under section 245, subdivision (a)(2), provided for a longer potential term of imprisonment as long as the firearm-use enhancement was included as part of the defendant’s punishment. We concluded that “[t]he statutory language seems clear. Nothing in that language excludes enhancements.” (Kramer, at p. 723.) We therefore determined that the court must consider enhancements in determining which penal provision provides for the longest potential term of imprisonment for the target felony. (Ibid.; § 654, subd. (a).) As the People observe, Kramer's conclusion that a “term” is not limited to the base term applies with equal force to the punishment for the crime of conspiracy under section 182, subdivision (a).
Defendant relies on People v. Hernandez (2003) 30 Cal.4th 835 [134 Cal.Rptr.2d 602, 69 P.3d 446] (Hernandez), where we considered to what extent a court can attach a special penal provision to conspiracy rather than to the underlying crime itself. The substantive question in Hernandez was whether the punishment specified for a financial-gain special circumstance could be added to the penalty for conspiracy to commit murder. (Id. at p. 864.) We held that the special circumstance does not apply to conspiracy to commit murder. (Id. at p. 870.)
In Hernandez, the jury convicted the defendant of first degree murder and conspiracy to commit murder under section 182, subdivision (a). (Hernandez, supra, 30 Cal.4th at p. 864.) Finding that the defendant committed the crimes in exchange for heroin and cocaine, the jury applied the financial-gain special circumstances for a sentence of life imprisonment without possibility of parole for the crime of conspiracy. At issue were two statutory provisions: (1) section 182, subdivision (a), which states that when two or more persons *403conspire to commit murder, “the punishment shall be that prescribed for murder in the first degree”; and (2) section 190.2, subdivision (a), which provides that “ ‘[t]he penalty for a defendant who is found guilty of murder in the first degree is death or imprisonment in the state prison for life without the possibility of parole if one or more . . . special circumstances has been found . . . true ....’” (Hernandez, supra, 30 Cal.4th at p. 865.)
Hernandez recognized that the question whether the penalty for the special circumstances in section 190.2 may apply to the crime of conspiracy to commit murder turned on statutory construction. (Hernandez, supra, 30 Cal.4th at p. 865.) Applying standard rules of statutory construction, we held that the penalty for the special circumstances does not apply to conspiracy to commit murder. (Id. at p. 870.) First, nothing in the wording of the statutes governing special circumstances indicated that the voters who enacted the death penalty law intended for the special circumstances to apply to conspiracy. (Id. at pp. 865-866.) Scrutinizing the wording of the initiative, we held that the provisions strongly implied that special circumstances may be charged as to the crime of murder only. (Id. at p. 866.)
Hernandez next observed that the crime of conspiracy was not mentioned in either the text of the 1978 death penalty measure, or the official ballot pamphlet for the election adopting that measure. (Hernandez, supra, 30 Cal.4th at p. 866.) Indeed, it was not clear in 1978 that capital punishment for an unsuccessful conspiracy to commit murder was permitted under the federal Constitution. (Id. at p. 867.) We noted that were we to construe section 190.2 to include conspiracy, that crime would require a substantially more severe punishment than that imposed for attempted premeditated murder, thus creating an irreconcilable disparity between the otherwise similar offenses of attempt and conspiracy. (Hernandez, at pp. 867-868.) After also finding that allowing the death penalty for crimes not involving murder could raise potential constitutional problems, we concluded that the 1978 law should not be read to allow capital punishment for the conspiracy to commit murder. (Id. at pp. 869-870.)
In addition, Hernandez reasoned that the rule of construction that requires us to resolve statutory ambiguities in favor of the defendant bolstered the conclusion that the special circumstances enhancement should not apply to the crime of conspiracy. (Hernandez, supra, 30 Cal.4th at p. 869.) What we term the rule of lenity compels this result when the statute “is susceptible of two constructions.” (People v. Overstreet (1986) 42 Cal.3d 891, 896 [231 Cal.Rptr. 213, 726 P.2d 1288]; see also People v. Lee (2003) 31 Cal.4th 613, 627 [3 Cal.Rptr.3d 402, 74 P.3d 176].) Therefore, Hernandez held that the enhancement does not apply to the crime of conspiracy. (Hernandez, supra, 30 Cal.4th at p. 870.)
*404We find initially that the statutory construction principles we addressed in Hernandez do not help defendant. The purpose of the amendment adding the enhancements to section 186.10 was to stop “the deluge of drug proceeds being laundered through California based financial institutions” and “further deter money laundering [and] more effectively punish launderers.” (Sen. Com. on Judiciary, Analysis of Assem. Bill No. 3205 (1993-1994 Reg. Sess.) June 2, 1994, pp. 2-3.) Because the money laundering process typically involves more than one person, and often large criminal networks, it is reasonable for us to find that the enhancements under section 186.10, subdivision (c), were intended to control large-scale laundering and the conspiracies that necessarily underlie the criminal operation. In Hernandez we found just the opposite, that there was nothing to indicate that the voters who enacted the 1978 death penalty law intended for the special circumstances to apply to conspiracy. (Hernandez, supra, 30 Cal.4th at pp. 865-866.)
The rule of lenity also does not assist defendant. Under that principle, when “two reasonable interpretations of the same provision stand in relative equipoise, i.e., that resolution of the statute’s ambiguities in a convincing manner is impracticable,” we construe the provision most favorably to the defendant. (People v. Jones (1988) 46 Cal.3d 585, 599 [250 Cal.Rptr. 635, 758 P.2d 1165].) Defendant urges us to apply this rule because, he argues, section 182, subdivision (a), is susceptible of two equally convincing interpretations: (1) the enhancement provisions apply to an individual who “conducts or attempts to conduct” (§ 186.10, subd. (a)) money laundering and not to those who engage in the crime of conspiracy only; or (2) because section 182, subdivision (a), states that the conspiracy is “punishable in the same manner and to the same extent as is provided for the punishment of that felony,” the enhanced punishment of section 186.10, subdivision (c)(1)(D), is part of the punishment for the felony of conspiracy to engage in money laundering.
As the People observe, however, our holding in Hernandez was informed only partially by the rule of lenity. Unlike Hernandez, here the application of the section 186.10, subdivision (c), enhancements does not involve imposition of the death penalty without a murder, or any penalty that would raise serious constitutional concerns. In addition, if we apply the enhancements to defendant’s conspiracy conviction, there will be no disparity between the punishment for attempt to launder money and for conspiracy. An attempt, like a conspiracy, is also punished under section 186.10, subdivision (c).
Defendant next contends that the legislative mandate of section 182, subdivision (a), that conspiracy to commit a felony is punishable “in the same manner and to the same extent as is provided for the punishment of that *405felony” (italics added), refers to the felony of money laundering without any enhancements, i.e., to the base term. We are not convinced. The statute specifically refers to the “punishment of that felony” (§ 182, subd. (a)) and thus includes all punishment for money laundering, including enhancements, depending on how much money was laundered, and whether the amount laundered was pled and proven. (§ 186.10, subd. (c).)
Defendant also relies on Health and Safety Code section 11370.4, subdivision (a). There, the Legislature specifically provided for enhancements where a “person [has been] convicted of a violation of, or of a conspiracy to violate,” certain other drug trafficking offenses. (Health & Saf. Code, § 11370.4, subd. (a).) Defendant reasons that had the Legislature intended for the enhancement provisions to apply to conspiracy to engage in money laundering, it would have so indicated. According to defendant, nothing in the legislative history of section 186.10 demonstrates the Legislature intended to apply the enhancements to a conspiracy charged under section 182, subdivision (a). He contends that if we construe the punishment provision of the conspiracy statute under section 182, subdivision (a), as including the enhancement provisions of section 186.10, subdivision (c), we would render superfluous the Legislature’s express reference to conspiracy in the drug trafficking enhancement statute. (See Health & Saf. Code, § 11370.4, subd. (a).)
The Court of Appeal and the People, however, rely on statutory plain language to distinguish Health and Safety Code section 11370.4 from Penal Code section 186.10, subdivision (c), because the former statute refers to someone “convicted” of a drug offense, while section 186.10, subdivision (c), applies to anyone who is “punished under” section 186.10, subdivision (a). Prior to 1989, Health and Safety Code section 11370.4 enhancements applied to persons “convicted” of the specified drug trafficking offenses only, and did not include persons convicted of conspiracy to violate those sections who were punished under those sections. (Stats. 1985, ch. 1398, § 3, pp. 4948-4949; see People v. Duran (2001) 94 Cal.App.4th 923, 939-940 [114 Cal.Rptr.2d 595].) The Legislature then amended the statute in 1989 specifically to include conspiracies to violate the relevant drug trafficking offenses. (See Stats. 1989, ch. 1326, §2.5, pp. 5327-5328.) Therefore, because the initial statutory language may have created some doubt as to its applicability, the Legislature could have believed it was necessary to amend the statute in order to apply the statutory enhancements to conspirators because those enhancements had been limited specifically to persons convicted of the target offense. The general plain meaning expressed in section 182, subdivision (a), that a conspirator will be punished in the same manner and to the same extent as one convicted of the underlying felony, does not require additional legislative clarity. (See Gardeley, supra, 14 Cal.4th at p. 621 [clear statutory language does not require construction].)
*406The People also rely on the reasoning in People v. Villela (1994) 25 Cal.App.4th 54 [30 Cal.Rptr.2d 253]. Villela extended the registration requirement for narcotics offenders under Health and Safety Code section 11590 to those convicted of conspiracy to commit a drug offense. (Villela, at pp. 59-60.) The defendant maintained that the registration requirement should not apply to a conspiracy conviction under Penal Code section 182 because the Health and Safety Code did not list a section 182 conspiracy as an included offense. (Villela, at p. 57.) Villela reasoned that the registration requirement, though not an enhancement, was a punishment and concluded that the Legislature intended to subject conspirators to the same punishment as that imposed for perpetrators of the underlying felony. (Id. at pp. 60-61; § 182, subd. (a).) Villela held, therefore, that it would be appropriate to punish the defendant to the same extent as one convicted of the target felony, which included registration as a narcotics offender. (Villela, at pp. 60-61.)
Defendant contends that Villela erred in concluding that the additional registration requirement was equal to a punishment. (See People v. Castellanos (1999) 21 Cal.4th 785 [88 Cal.Rptr.2d 346, 982 P.2d 211] [sex offender registration is not punishment for ex post facto purposes].) As the People observe, however, even if we assume the court incorrectly called the additional registration requirement a punishment, the court was correct in reasoning that section 182 requires sentencing to the same extent as the underlying target offense, and that the sentencing is not limited to the base term of that offense.
CONCLUSION
Applying the principles discussed above, we conclude that the enhancements set forth in section 186.10, subdivision (c), apply to a conviction of conspiracy to commit money laundering under section 182, subdivision (a). We therefore affirm the Court of Appeal judgment.
George, C. J., Baxter, J., and Werdegar, J., concurred.
Unless otherwise stated, all further statutory references are to the Penal Code.
When defendant’s conduct began, the enhancement provision in section 186.10 stated, in pertinent part:
“(a) Any person who conducts or attempts to conduct a transaction or more than one transaction within a 24-hour period involving a monetary instrument or instruments of a total value exceeding five thousand dollars ($5,000) through one or more financial institutions (1) with the intent to promote, manage, establish, carry on, or facilitate the promotion, management, establishment, or carrying on of any criminal activity, or (2) knowing that the monetary instrument represents the proceeds of, or is derived directly or indirectly from the proceeds of, criminal activity, is guilty of the crime of money laundering. ... ffl A violation of this section shall be punished by imprisonment in the county jail for not more than one year or in the state prison, by a fine of not more than two hundred fifty thousand dollars ($250,000) or twice the value of the property transacted, whichever is greater, or by both that imprisonment and fine. m... m
“(c)(1) Any person who is punished under subdivision (a) by imprisonment in the state prison shall also be subject to an additional term of imprisonment in the state prison as follows: HD ... HD
“(D) If the value of the transaction or transactions exceeds two million five hundred thousand dollars ($2,500,000), the court, in addition to and consecutive to the felony punishment otherwise prescribed by this section, shall impose an additional term of imprisonment of four years.
“(2)(A) An additional term of imprisonment as provided for in this subdivision shall not be imposed unless the facts of a transaction or transactions, or attempted transaction or transactions, of a value described in paragraph (1), are charged in the accusatory pleading, and are either admitted to by the defendant or are found to be true by the trier of fact.
“(B) An additional term of imprisonment as provided for in this subdivision may be imposed with respect to an accusatory pleading charging multiple violations of this section, regardless of whether any single violation charged in that pleading involves a transaction or attempted transaction of a value covered by paragraph (1), if the violations charged in that pleading arise from a common scheme or plan and the aggregate value of the alleged transactions or attempted transactions is of a value covered by paragraph (1).” (Stats. 1994, ch. 1187, § 2, pp. 7167-7168.)