Firearms Owners Against Crime
Institute for Legal, Legislative and Educational Action
Institute for Legal, Legislative and Educational Action
Making it unlawful for any person to make a Buy Now, Pay Later loan to an individual to purchase a semiautomatic assault weapon.
Title: Assault Weapon Financing Accountability Act
Subject:
Description: To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons.
Session: 119th Congress
Last Action: Referred to the House Committee on the Judiciary.
Last Action Date: May 7, 2026
Link: https://www.congress.gov/bill/119th-congress/house-bill/8694/all-info
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
12 sponsors: John Larson (D); Maxwell Frost (D); Frederica Wilson (D); Eleanor Norton (D); Scott Peters (D); Rashida Tlaib (D); Emanuel Cleaver (D); Stephen Lynch (D); Lloyd Doggett (D); Henry Johnson (D); Brittany Pettersen (D); Julia Brownley (D)
| Chamber | Date | Action |
| House | May 7 2026 | Introduced in House |
| House | May 7 2026 | Referred to the House Committee on the Judiciary. |
| Type | Date | Federal Link | Text |
| Introduced | May 12 2026 | federal bill text | bill text |
| Title | Description | Date | State Link | Text | Adopted |
| There are no amendments to this bill at this time | |||||
Chamber: H
Committee Name: Judiciary
There have not been any votes on this bill