THEFT REPORTING REQUIREMENT.

SEC. 1127. THEFT REPORTING REQUIREMENT. Section 844 of title 18, United States Code, is amended by adding at the end the following: “(p) Theft Reporting Requirement.— “(1) In general.—A holder of a license or permit who knows that explosive materials have been stolen from that licensee or permittee, shall report the theft to the Secretary not later than 24 hours after the discovery of the theft. 116 STAT. 2286 “(2) Penalty.—A holder of a license or permit who does not report a theft in accordance with paragraph (1), shall be fined not more than $10,000, imprisoned not more than 5 years, or both.”.