Bill > S993

This bill amends New Jersey law to reduce the maximum capacity of ammunition magazines to 10 rounds, impacting the definition of "assault firearm" and "large capacity ammunition magazine." Specifically, it changes the definition of an assault firearm to include semi-automatic rifles with a fixed magazine capacity exceeding 10 rounds, and redefines a "large capacity ammunition magazine" as a container holding more than 10 rounds of ammunition. The bill also provides a 180-day grace period for individuals who legally own semi-automatic rifles with fixed magazines exceeding 10 rounds or large capacity magazines holding more than 10 rounds on the bill's effective date, during which they must transfer, render inoperable, or voluntarily surrender these items. Additionally, it makes a technical correction to the effective date of the act, stating it takes effect immediately, and clarifies that retired and active law enforcement officers are exempt from these new magazine capacity restrictions.