by section 3. (2) The next $5,000,000 shall be available, without further appropriation, to the Attorney General, for the operation and maintenance of the national instant criminal background check system established under section 103 of the Brady Handgun Violence Prevention Act. (3) The remainder shall be available, without further appropriation, to the Attorney General for such activities of the Office for Victim Assistance of the Federal Bureau of Investigation as the Attorney General deems appropriate. 5. Reporting of lost or stolen firearms to local law enforcement authorities (a) Reporting requirement Section 922 of title 18, United States Code, is amended by adding at the end the following: (aa) Within 48 hours after a person who owns a firearm that has been shipped or transported in, or has been possessed in or affecting, interstate or foreign commerce, discovers or should have discovered the theft or loss of the firearm, the person shall report the theft or loss to local law enforcement authorities. To the best of the person’s ability, the person shall provide the following information, if known: (1) A description of the firearm, including the make, model, manufacturer, caliber, and serial number of the firearm, and any other distinguishing number or identification mark on the firearm. (2) Whether the firearm is being reported lost or stolen. (3) The date of the loss or theft. (4) The person’s name and address. (5) The location from which the firearm was lost or stolen. . (b) Penalties Section 924 of such title is amended by adding at the end the following: (r) Penalties for failure To report loss or theft of firearm Whoever violates section 922(aa) shall be fined $10,000, imprisoned not more than 1 year, or both, with respect to each firearm involved in the violation. . (c) Requirement that local law enforcement authorities report lost or stolen firearms to the national crime information center Within 7 days after a local law enforcement authority receives a report that a firearm is lost or stolen, the