HR4289-118

Introduced

To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons.

118th Congress Introduced Jun 22, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons., changes federal law or congressional policy affecting importers, exporters, and commercial firms. The main policy domain is Trade, Energy, Environment.

Who Benefits and How

importers, exporters, and commercial firms may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, importers, exporters, and commercial firms may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H710079C34B1D4F45BE02A46695A9EFB5: 1. Short title This Act may be cited as the Assault Weapon Financing Accountability Act.
  • Section H94C6307C74074CFD859EE6ABA15DD4E5: 2. Buy Now, Pay Later loans prohibited for semiautomatic assault weapon sales Section 922 of title 18, United States Code, is amended by adding at the end the...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons., changes federal law or congressional policy affecting importers, exporters, and commercial firms.

Key Policy Areas

Trade, Energy, Environment

Primary Purpose

This bill, To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons., changes federal law or congressional policy affecting importers, exporters, and commercial firms.

Policy Domains

Trade Energy Environment

Whole bill

Identified Gains
  • importers, exporters, and commercial firms
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
importers, exporters, and commercial firms:
Identified Costs
  • federal implementing agencies
  • importers, exporters, and commercial firms
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
importers, exporters, and commercial firms:

Legislative Progress

Introduced
Introduced Committee Passed
Jun 22, 2023

Mr. Larson of Connecticut (for himself, Mr. Swalwell, Ms. Norton, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Trade Energy Environment
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

Key Definitions

Terms defined in this bill

1 term
"belt-fed semiautomatic firearm" §H94C6307C74074CFD859EE6ABA15DD4E5

any repeating firearm that— utilizes a portion of the energy of a firing cartridge to extract the fired cartridge case and chamber the next round

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology