Removes capacity limit for ammunition magazines.

This bill removes the existing legal limit on the number of rounds that can be held in ammunition magazines for firearms in New Jersey. The change directly affects gun owners, manufacturers, and retailers by allowing them to possess and sell magazines with higher capacities than currently permitted. The legislation achieves this by amending state definitions and repealing specific sections of the statutory law that enforced the capacity restrictions. Ultimately, the bill eliminates a specific regulatory constraint on ammunition storage without altering other firearm laws.