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Feinstein: Ban aims to 'dry up' supply of assault weapons

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The legislation also bans magazines holding more than 10 rounds of ammunition and requires people who already own assault rifles to use secure storage and safety devices and bars them from selling high-capacity clips.

“No weapon is taken from anyone,” said Feinstein. “The purpose is to dry up the supply of these weapons over time.”

Unlike the 1994 assault-weapons ban, there is no sunset provision in Feinstein’s newest gun-control bill.

Read more on Feinstein's bill.