A summary of key provisions in the updated bill:
- Bans the sale, transfer, importation, or manufacturing of:
- 120 specifically-named firearms;
- Certain other semiautomatic rifles, handguns, shotguns that can accept a detachable magazine and have one or more military characteristics; and
- Semiautomatic rifles and handguns with a fixed magazine that can accept more than 10 rounds.
- Strengthens the 1994 Assault Weapons Ban and various state bans by:
- Moving from a 2-characteristic test to a 1-characteristic test;
- Eliminating the easy-to-remove bayonet mounts and flash suppressors from the characteristics test; and
- Banning firearms with “thumbhole stocks” and “bullet buttons” to address attempts to “work around” prior bans.
- Bans large-capacity ammunition feeding devices capable of accepting more than 10 rounds.
- Protects legitimate hunters and the rights of existing gun owners by:
- Grandfathering weapons legally possessed on the date of enactment;
- Exempting over 900 specifically-named weapons used for hunting or sporting purposes; and
- Exempting antique, manually-operated, and permanently disabled weapons.
- Requires that grandfathered weapons be registered under the National Firearms Act, to include:
- Background check of owner and any transferee;
- Type and serial number of the firearm;
- Positive identification, including photograph and fingerprint;
- Certification from local law enforcement of identity and that possession would not violate State or local law; and
- Dedicated funding for ATF to implement registration.