Legislation Search

H.R. 3115: Assault Weapons Ban of 2025

The Assault Weapons Ban of 2025 is a legislative proposal that focuses on regulating semiautomatic firearms and large-capacity ammunition devices. Below are the main points and components of the bill:

Regulation of Firearms

The bill aims to prohibit the importation, sale, and possession of specific categories of semiautomatic firearms and large-capacity ammunition devices. This includes a defined list of firearms that fall under these regulations.

Defined Categories

Included in the bill is a comprehensive classification of firearms. These categories encompass:

Lever-action firearms
Bolt-action firearms
Single-shot firearms
Combination guns
Competition rifles
Various models of shotguns

This emphasizes a wide range of firearms, detailing which types are subject to the new regulations.

Exceptions to the Ban

While the bill implements strict regulations, it also provides certain exceptions, including:

Exemptions for law enforcement agencies
Exemptions for specific pre-existing firearms that are already owned

Storage, Registration, and Background Checks

The bill introduces requirements for secure storage of firearms and mandates their registration. It also stipulates that background checks will be required for individuals who own grandfathered semiautomatic assault weapons—those weapons that were legally owned prior to the enactment of this legislation.

Penalties and Buy-Back Programs

To enforce compliance, the bill outlines penalties for violations of the new regulations. Additionally, it permits the establishment of buy-back programs which would allow individuals to sell their regulated firearms back to the government.

Implementation Timeline

The amendments proposed in this bill are set to take effect 90 days after the bill is enacted into law, establishing a timeline for the transition into compliance with the new regulations.

Relevant Companies

Ruger (RGR) - As a manufacturer of firearms, Ruger may see a significant impact on its sales and distribution channels due to the restrictions on semiautomatic firearms.
Smith & Wesson (SWBI) - Smith & Wesson, another firearm manufacturer, could be affected by this legislation, as it would inhibit the sale of certain types of firearms they produce.

This is an AI-generated summary of the bill text. There may be mistakes.