HB4289: Assault Weapon Financing Accountability Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons.
Plain-language summary
This bill would change federal law to ban 'Buy Now, Pay Later' loans for buying semiautomatic assault weapons. Buy Now, Pay Later means financing that lets customers buy something immediately and pay it back in small installments over time. The bill targets short-term financing arrangements specifically for these weapons. It was introduced in the House and has not yet moved out of the introductory stage.
AI-generated summary
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HB4289: Assault Weapon Financing Accountability Act
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Sponsors
John Larson
Primary SponsorCo-sponsors (45)
Eric Swalwell
Eleanor Norton
Dwight Evans
Joseph Neguse
Brittany Pettersen