Today, Rep. John B. Larson (CT-01) introduced the Assault Weapons Financing Accountability Act to ban the use of predatory Buy Now, Pay Later (BNPL) payment plans for purchasing assault weapons and ghost gun kits that can be used to build them.
I will introduce legislation to ban buy now, pay later payment plans for assault weapons and ghost gun kits.
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
Last Action Date Listed May 7, 2026. Action: Mr. Larson of Connecticut ... introduced the following bill; which was referred to the Committee on the Judiciary. Bill Number H.R. 8694. Short Title Assault Weapon Financing Accountability Act. Full Title: To amend title 18, United States Code, to prohibit short-term, Buy Now, Pay Later loans for the purchase of semiautomatic assault weapons.
legacy_unverified · Source version not recorded · locator unknown
Today, Rep. John B. Larson (CT-01) introduced the Assault Weapons Financing Accountability Act to ban the use of predatory Buy Now, Pay Later (BNPL) payment plans for purchasing assault weapons and ghost gun kits that can be used to build them.
legacy_unverified · Source version not recorded · locator unknown
GovInfo bill text shows H.R. 8694 was introduced by Larson on May 7, 2026 and referred to House Judiciary.
legacy_unverified · Source version not recorded · locator unknown
Larson's office announced he introduced the Assault Weapons Financing Accountability Act targeting BNPL plans for assault weapons and ghost gun kits.
Assessments
The promise was to introduce legislation, not necessarily enact it. Official bill evidence shows Rep. John B. Larson introduced H.R. 8694, the Assault Weapon Financing Accountability Act, on May 7, 2026, to prohibit Buy Now, Pay Later financing for semiautomatic assault weapons and related ghost gun kit components. That directly satisfies the promised federal legislative action during his current House term.
The promise was specifically to introduce legislation banning buy now, pay later plans for assault weapons and ghost gun kits. The evidence shows Larson introduced H.R. 8694, the Assault Weapon Financing Accountability Act, on May 7, 2026, during his current House term, and the bill was referred to the House Judiciary Committee. Because the promised action was introduction of legislation rather than enactment, this satisfies the commitment in the same term.