Assault Weapons Ban of 2023

HR 698, the Assault Weapons Ban of 2023, prohibits the sale, manufacture, transfer, and possession of specific firearms and ammunition devices commonly referred to as "assault weapons" and "large capacity magazines" in interstate commerce. The bill defines "semiautomatic assault weapons" to include rifles like AR-15s and AK-47s, as well as firearms with specific features such as folding stocks, pistol grips, threaded barrels, and detachable magazines holding more than 15 rounds. It exempts law enforcement, military, antique firearms, and weapons already lawfully owned before the law's enactment (known as "grandfathered" weapons). The bill also requires new identification markings on these weapons and large capacity magazines, and adds background check requirements for transfers of grandfathered weapons.