An M14 isn't on the banned list, is it? Unless you were to get a model with a folding stock on it or that's somehow under 29"? Please correct me if I'm wrong.
This is the bit that interests me. The bill very explicitly talks about "long guns" and "certerfire rifles" as being subject to these restrictions. I'm starting to think it *may* be the case that transfers of SBRs are not restricted. Of course you'll still need to play the waiting game with...