The Undetectable Firearms Act of 1988 covered that issue.
Interestingly, the most recent 10-year renewal of UFA88 sunsets in December of this year. A new all-plastic gun seems like the perfect basis for renewing the Act.
I thought I remembered them passing some law about "plastic guns" when the Glock 17 became popular.
I don't see this ever becoming very widespread so long as the feds don't try to make conventional arms too much more difficult to get. I see this more as a poor substitute for the home defense shotgun when those aren't allowed.