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

Referred to the House Committee on the Judiciary.

2026-05-07

The proposal would make it illegal for companies to offer "Buy Now, Pay Later" financing plans for semiautomatic assault weapons, preventing customers from purchasing these guns through installment payment arrangements. This would affect both the firearms industry and financing companies that currently offer these payment options, while restricting how consumers can purchase certain types of guns.