Assault Weapon Financing Accountability Act
Not law yet. Pending legislation.
Official status checked 2026-10-21 23:46 PT
Rep. Larson of Connecticut
Bill summary
Official digest is not on this card.
Now vs if chaptered
NOW: introduced only; referred to House Judiciary; not present 922. IF CHAPTERED: new federal BNPL-loan and dealer-acceptance duties plus a feature-test 'semiautomatic assault weapon' definition would become live civil 924(q) overlay, not a possessory ban.
Defender utility
Federal defenders and FFL/lender counsel: this is a pending dealer/lender overlay, not present 922. If it moves, isolate BNPL-loan vs. dealer-acceptance vs. the new feature-test definition — do not treat the title as a client possessory AWB. CA PDs: portable as a Bruen/feature-test AWB vehicle next to the Assault Weapons Control Act — not a California charge.
Who this is for. FFLs/lenders and federal defenders tracking a pending BNPL/feature-test overlay — not a client possessory charge; not present law.
Penalties (if chaptered)
Proposed 18 U.S.C. 924(q): $100,000 civil penalty per 922(aa)(1) lender violation and per 922(aa)(2) dealer/manufacturer/importer violation, after notice and opportunity for hearing. Not in force.
Bank hints
- AWB
- feature-test
- dealer-duty