Enacts new GS 14-409.41 requiring a person in this state who owns and possess an assault weapon to register the weapon with the sheriff of the county in which the person resides no later than five days after the person obtains the weapon and annually thereafter. Failure to do so or intentionally providing false registration information is a Class 3 misdemeanor. Defines an assault weapon as including any selective fire firearm capable of semiautomatic or burst fire at the option of the user including the specified  semiautomatic firearms; the specified semiautomatic centerfire rifles, or copies or duplicates with the capability of the rifles; specified semiautomatic centerfire pistols, or copies or duplicates with the capability of the pistols; all IZHMASH Saiga 12 Shotguns, or copies or duplicates with the capability of those shotguns; all semiautomatic firearms that meet any of the eight listed criteria, including semiautomatic, centerfire rifles with a fixed magazine with the ability to accept more than 10 rounds, a semiautomatic shotgun with the ability to accept a detachable magazine, and a shotgun with a revolving cylinder. 

Requires the registrant to provide the name and address of the person registering the weapon, the weapon's manufacturer and importer, the model, and the name and address of the individual or entity from which the person obtained the weapon. Requires the sheriff to fingerprint and photograph the registrant and determine the registrant's criminal and background history. Information provided by the registrant is confidential and is only available to a State or local law enforcement agency upon request for the lawful performance of the agency's duties, or by court order. Sets a $5 registration fee. 

Requires the State Bureau of Investigation, in consultation with the North Carolina Sheriffs' Association, to  establish forms to be used by persons registering assault weapons.

Requires a person who owns and possesses an assault weapon as of the effective date of this section to  register the weapon no later than 90 days from the effective date of this section.

The above provisions are effective December 1, 2019, and apply to assault weapons obtained on or after that date. 

Enacts new GS 14-409.13 requiring any firearm owner to report the loss or theft of the firearm with 48 hours to either the local law enforcement agency with jurisdiction over the location where the loss or theft occurred, or to the State Bureau of Investigation. Violations are a Class 3 misdemeanor, with second or subsequent violations a Class I felony. Applies to offenses committed on or after December 1, 2019.