TexasCHLforum.com

I highly doubt that this bill will ever be: A) Passed by the senate; and B) Not immediately struck down by the courts. But I do have a couple of observations:

One, this seems like a great time to sell any spare firearms that would fall under this ban, if we see a price spike. Should be a decently long window because I'd expect Schumer to postpone a vote until or unless he reasonably expects a possibility of passing (or closer to the midterms if the point is just to get Republican senators on record).

Two, If this somehow goes into effect, then every affected firearm that is manufactured prior to the law's effective date should be grandfathered, because it will have been "lawfully possessed" at that time, right? Even if it is possessed by the manufacturer or a distributor / retailer. Net-net, we should not see any meaningful decrease in supply before SCOTUS ultimately strikes this absurdity down.