Just like the 1994 ban, “possession” means possession of an assault weapon obtained by one of the prohibited means “transfer”/ “sale” after the date of the ban.
Existing “assault weapons” in private hands would be grandfathered in. Even Feinstein and Obama are not stupid enough to try and confiscate 25 million assault weapons in private hands. Biden might be stupid enough to try.
Worked so well in Canada(long gun registry) /sarc
This just makes me supremely happy that I have been uber-diligent in keeping and logging every receipt for magazines weapons, etc. Even for gun shows. When they enact it, you’ll need them.