FL S0150

Prohibits the sale, transfer, and possession of specifically enumerated assault weapons (including AK series, AR series, and dozens of other named rifles, handguns, and shotguns) and large-capacity magazines (defined as ammunition feeding devices accepting more than 10 rounds), effective October 1, 2024

Establishes criminal penalties including a third-degree felony with a mandatory minimum of 2 years imprisonment for illegal sale/transfer, a second-degree felony with a 6-year mandatory minimum for transfers to persons under 18, and a third-degree felony with a 1-year mandatory minimum for illegal possession

Requires individuals who lawfully possessed assault weapons or large-capacity magazines before October 1, 2024, to apply to the Department of Law Enforcement for a certificate of possession by October 1, 2025, including submission of thumbprints, personal identifying information, and a background investigation

Limits where certificate holders may possess their grandfathered assault weapons—only at their residence, place of business, licensed shooting ranges, approved exhibitions, or while transporting in a locked container—and prohibits future in-state sales except to licensed gun dealers or through bequest/intestate succession

Enhances existing felony sentencing under Florida's "10-20-Life" law (s. 775.087) by adding assault weapons and large-capacity magazines to the categories triggering mandatory minimum sentences of 15, 20, or 25 years to life for commission of serious felonies