1. Short title This Act may be cited as the Securing Department of Homeland Security Firearms Act of 2017 or the Securing DHS Firearms Act of 2017 . 2. Definitions In this Act: (1) Department The term Department means the Department of Homeland Security. (2) Under Secretary for Management The term Under Secretary for Management means the Under Secretary for Management of the Department of Homeland Security. 3. Inclusion of securing firearms and other sensitive assets in responsibilities of Under Secretary for Management Paragraph (6) of section 701(a) of the Homeland Security Act of 2002 ( 6 U.S.C. 341(a) ) is amended by inserting (including firearms and other sensitive assets) after equipment . 4. Management directive (a) Safeguarding firearms and sensitive assets directive (1) In general Not later than 120 days after the date of the enactment of this Act, the Under Secretary for Management shall disseminate a Department-wide directive for achieving adequate security over firearms and other sensitive assets across the Department. (2) Contents The directive required under subsection (a) shall, at a minimum, include the following: (A) Descriptions of what equipment, in addition to firearms, is classified as a sensitive asset for the purpose of carrying out this Act. (B) Requirements for securing Department-issued firearms and other sensitive assets. (C) A classification system for all categories of Department-issued badges and corresponding requirements for safeguarding such assets. (D) Reporting requirements for lost firearms and other sensitive assets, including timelines for such reporting, to supervisors, local law enforcement, the Federal Bureau of Investigation’s National Crime Information Center, and Department headquarters. (E) Recordkeeping requirements for lost firearms and other sensitive assets in inventory systems, including a timeline for recording such losses. (3) Review and update of directive Not later than one year after the issuance of the directive required under subsection (a) the Under