Firearms and Ammunition - As introduced, prohibits the possession of an assault weapon; directs those in possession of an assault weapon before July 1, 2025, to apply for a certificate of possession; creates the Class E felony offense of purchasing, selling, possessing, or using a part, component, device, or attachment designed to accelerate the fire of a semiautomatic rifle and makes any semiautomatic rifle that includes an accelerated fire part, component, or device a prohibited weapon. - Amends TCA Title 4, Chapter 54; Section 38-3-119 and Title 39, Chapter 17.

SB 632 bans specific assault weapons and certain modifications in Tennessee, directly affecting residents who own these firearms. It prohibits possession of listed assault weapons (including common rifles like AR-15s and AK-47s) and requires owners to apply for a certificate by July 1, 2025, if they owned such weapons before that date. The bill also creates a Class E felony for possessing or selling parts designed to convert semiautomatic rifles into rapid-fire weapons. These provisions aim to restrict access to certain firearms and components through specific bans and registration requirements.