Democrats in Colorado are pushing legislation that makes it illegal to possess weapons that are capable of accepting, or that can be readily converted to accept, more than 10 rounds of ammunition or more than 5 shotgun shells (large-capacity magazine). The new law could result in several hundred jobs lost at the state’s largest manufacturer of high-capacity ammunition magazines.
FOX News reported:
A package of gun control measures that won initial approval in Colorado’s Democratic-controlled House Friday night could result in several hundred jobs lost at the state’s largest manufacturer of high-capacity ammunition magazines.
Erie-based Magpul Industries has threatened to leave the state if lawmakers are successful in passing the sweeping gun-control package, which limits the number of rounds a magazine can hold, according to The Denver Post.
“If we’re able to stay in Colorado and manufacture a product, but law-abiding citizens of the state were unable to purchase the product, customers around the state and the nation would boycott us for remaining here,” Doug Smith, Magpul’s chief operating officer, told The Post.
The bill limits magazines to 15 rounds, with a more restrictive eight-round limit for shotguns. The bill makes an exception for magazines that people already have in their possession.