We formulate and characterize a new constraint for auxiliary-field
quantum Monte Carlo (AFQMC) applicable for general fermionic systems,
which allows for the accumulation of phase in the random walk but
disallows walkers with a magnitude of phase greater than π with
respect to the trial wave function. For short imaginary times, before
walkers accumulate sizable phase values, this approach is equivalent
to exact free projection, allowing one to observe the accumulation
of bias associated with the constraint and thus estimate its magnitude a priori. We demonstrate the stability of this constraint
over arbitrary imaginary times and system sizes, highlighting the
removal of noise due to the fermionic sign problem. Benchmark total
energies for a variety of weakly and strongly correlated molecular
systems reveal a distinct bias with respect to standard phaseless
AFQMC, with a comparative increase in accuracy given sufficient quality
of the trial wave function for the set of studied cases. We then take
this constraint, termed linecut AFQMC (lc-AFQMC), and systematically
release it (lcR-AFQMC), providing a route to obtain a smooth bridge
between constrained AFQMC and the exact free projection results.