Removes capacity limit for ammunition magazines.

This bill removes the existing capacity limit for ammunition magazines in New Jersey, allowing individuals to legally possess and use magazines that hold more than the current maximum number of rounds. The legislation directly affects firearm owners and sellers by amending state definitions and regulations related to high-capacity ammunition magazines. Key provisions include repealing specific sections of the current statutory law that restrict magazine capacity and updating legal definitions to reflect the removal of these limits. The bill focuses solely on changing the legal framework governing ammunition magazine capacity without addressing other firearm regulations.