REPORTS TO THE SECRETARY OF THE TREASURY OF LOSSES OF MUNITIONS

SEC. 344. REPORTS TO THE SECRETARY OF THE TREASURY OF LOSSES OF MUNITIONS (a) In General.—Chapter 161 of title 10, United States Code, is amended by adding at the end the following new section: “§ 2722. Theft or loss of ammunition, destructive devices, and explosives: report to Secretary of the Treasury “(a) In General.—The Secretary of Defense shall report the theft or other loss of any ammunition, destructive device, or explosive material from the stocks of the Department of Defense to the Secretary of the Treasury within 72 hours, if possible, after the discovery of such theft or loss. “(b) Exclusion for Certain Items.—The Secretary of Defense may exclude from the reporting requirement under subsection (a) any item referred to in that subsection if— “(1) the Secretary determines that the item represents a low risk of danger to the public and would be of minimal utility to any person who may illegally receive such item; and “(2) the exclusion of such item is specified as being excluded from the reporting requirement in a memorandum of agreement between the Secretary of Defense and the Secretary of the Treasury. “(c) Definitions.—In this section: 102 STAT. 1962 “(1) The term ‘explosive material’ means explosives, blasting agents, and detonators. “(2) The terms ‘destructive device’ and ‘ammunition’ have the meanings given those terms by paragraphs (4) and (17), respectively, of section 921 of title 18.”. (b) Clerical Amendments.—(1) Chapter 161 of such title is further amended— (A) by striking out the chapter heading at the beginning and inserting in lieu thereof the following: “CHAPTER 161—PROPERTY RECORDS AND REPORT OF THEFT OR LOSS OF CERTAIN PROPERTY” and (B) by adding at the end of the table of sections at the beginning of such chapter the following new item: “2722. Theft or lose of ammunition, destructive devices, and explosives: report to Secretary of the Treasury.”. (2) The tables of chapters at the beginning of part A, and at the beginning of part IV of part A, of such title are each amended by striking out the item relating to chapter 161 and inserting in lieu thereof the following: “161. Property Records and Report of Theft or Lose of Certain Property 2721”. (c) Effective Date.—The amendment made by subsection (a) shall take effect with respect to thefts and losses discovered more than 180 days after the date of the enactment of this Act.