Assault Weapon Financing Accountability Act

[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 4289 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 4289 To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 22, 2023 Mr. Larson of Connecticut (for himself, Mr. Swalwell, Ms. Norton, Mr. Evans, Mr. Neguse, Ms. Pettersen, Ms. Lee of California, Ms. Williams of Georgia, Mr. Blumenauer, Mrs. Napolitano, Mr. Lynch, Mr. Pascrell, Ms. Garcia of Texas, Mr. Doggett, Ms. Moore of Wisconsin, Mr. Landsman, Mr. Khanna, Mr. Grijalva, Ms. Porter, Mr. Moskowitz, Mr. McGovern, and Mr. Raskin) introduced the following bill; which was referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Assault Weapon Financing Accountability Act''. SEC. 2. BUY NOW, PAY LATER LOANS PROHIBITED FOR SEMIAUTOMATIC ASSAULT WEAPON SALES. (a) 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 following: ``(aa) Buy Now, Pay Later Loans for Semiautomatic Assault Weapons.-- ``(1) Loans.--It shall be unlawful for any person, in or affecting interstate or foreign commerce, to make a Buy Now, Pay Later loan to an individual to purchase a semiautomatic assault weapon. ``(2) Dealers accepting buy now, pay later loans.--It shall be unlawful for any dealer, manufacturer, or importer, in or affecting interstate or foreign commerce, knowingly to acc