; and (B) payable in four or fewer installments not including a down payment. . (b) Penalties relating To Buy Now, Pay Later loans for semiautomatic weapon sales Section 924 of title 18, United States Code, is amended by adding at the end the following: (q) Penalties relating To Buy Now, Pay Later loans for semiautomatic weapon sales (1) Persons offering Buy Now, Pay Later loans With respect to each violation of section 922(aa)(1) by a person, such person shall be, after notice and opportunity for hearing, assessed a civil penalty of $100,000 by the Attorney General. (2) Accepting Buy Now, Pay Later loans With respect to each violation of section 922(aa)(2) by a dealer, manufacturer, or importer, such dealer, manufacturer, or importer shall be, after notice and opportunity for hearing, assessed a civil penalty of $100,000 by the Attorney General. . (c) Definitions Section 921(a) of title 18, United States Code, is amended by adding at the end the following: (38) The term semiautomatic pistol means any repeating firearm, other than a shotgun or rifle, that— (A) utilizes a portion of the energy of a firing cartridge to extract the fired cartridge case and chamber the next round; and (B) requires a separate pull of the trigger to fire each cartridge. (39) The term semiautomatic shotgun means any repeating shotgun that— (A) utilizes a portion of the energy of a firing shell to extract the fired shell casing and chamber the next round