Amends the federal criminal code to: (1) exempt pest control pyrotechnics manufactured, imported, used, and stored in accordance with regulations issued by the Attorney General from requirements governing the importation, manufacture, distribution, and storage of explosive materials; and (2) authorize the Attorney General to exempt from all or a part of such requirements explosive materials or devices containing such materials when a determination is made that such materials or devices are of a type that does not pose a threat to public safety and are unlikely to be used as a weapon.