Transparency in Reporting for an Accurate Count of Combat Equipment (TRACCE) Act
This bill requires the Department of Defense (DOD) to report the theft or loss of any ammunition, destructive device, or explosive material from its stocks to the Bureau of Alcohol, Tobacco, Firearms and Explosives within the Department of Justice. Currently, DOD only reports on such thefts or losses to the Department of the Treasury.
The bill also requires DOD to annually report on all instances of missing, lost, or stolen weapons, large amounts of ammunition, destructive devices, or explosive material from its stocks.
To require an annual report on missing, lost, and stolen weapons, large 
amounts of ammunition, destructive devices, and explosive material, and 
                          for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Transparency in Reporting for an 
Accurate Count of Combat Equipment (TRACCE) Act''.

SEC. 2. ANNUAL REPORT ON MISSING, LOST, AND STOLEN WEAPONS, LARGE 
              AMOUNTS OF AMMUNITION, DESTRUCTIVE DEVICES, AND EXPLOSIVE 
              MATERIAL.

    (a) In General.--Section 2722 of title 10, United States Code, is 
amended--
            (1) in the section heading, by striking ``report to the 
        Secretary of the Treasury'' and inserting ``reporting 
        requirements'';
            (2) in subsection (a), by inserting ``and the Director of 
        the Bureau of Alcohol, Tobacco, Firearms and Explosives'' after 
        ``Secretary of the Treasury'';
            (3) by redesignating subsection (c) as subsection (d); and
            (4) by inserting after subsection (b) the following new 
        subsection (c):
    ``(c) Annual Report.--Not later than December 31 each year, the 
Secretary shall submit to the congressional defense committees a report 
that includes, for the preceding year--
            ``(1) all instances of missing, lost, or stolen weapons, 
        large amounts of ammunition, destructive devices, or explosive 
        material from the stocks of the Department of Defense;
            ``(2) for each item identified under paragraph (1), the 
        type, quantity, and serial number, broken down by armed force 
        and component; and
            ``(3) such other information as the Secretary determines 
        appropriate.''.
    (b) Clerical Amendment.--The table of sections at the beginning of 
chapter 161 of such title is amended by striking the item relating to 
section 2722 and inserting the following new item:

``2722. Theft or loss of ammunition, destructive devices, and 
                            explosives reporting requirements.''.
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Transparency in Reporting for an Accurate Count of Combat Equipment (TRACCE) Act
To require an annual report on missing, lost, and stolen weapons, large amounts of ammunition, destructive devices, and explosive material, and for other purposes.
Transparency in Reporting for an Accurate Count of Combat Equipment (TRACCE) Act
Rep. Crow, Jason