!. Being a retired Police Officer pretty much dictates that I know the law and that I do not want to make mistakes as a private individual.
Years ago Jim Briggs of Northland Shooters Supply and myself researched and spoke intently with the legistlative branch of ATF regarding legally making a handgun.
AN action that has not been designated by a manufacturer must and may be designated at the point that one fills out the pretty yellow form. There are three selections on that form. 1. Action Only,2. Long Gun , 3 Handgun. If you check handgun then you can make any length barreled handgun you want and it is not subject to any overall minimums or Maximum lengths period.
Now if you put a shoulder stock on the handgun designated action you have forever more made that into a rifle. Once a rifle action whether you do the paperwork or not, it is always a rifle action. FACT: there is not a form or a fee available period, to convert a rifle action into a pistol action!! Not sure why someone would choose to go this route when one can purchase any number of undesignated actions to build whatever one wants.
The Savage is easily the least expensive and most versatile!