Anti-Terrorism Explosives Control Act of 2001

Anti-Terrorism Explosives Control Act of 2001 - Rewrites Federal criminal code provisions regarding the purchase of explosives to create a new "limited permit" category. Prohibits a holder of a limited permit from: (1) transporting, shipping, causing to be transported, or receiving in interstate or foreign commerce any explosive materials; or (2) receiving explosive materials from a licensee or permittee whose premises are located within the holder's State of residence on more than four separate occasions.

Requires license, user permit, and limited permit applicants to include the names of and identifying information regarding all employees who will possess explosive materials, as well as fingerprints and a photograph. Makes each limited permit valid for no longer than one year.

Prohibits certain categories of individual from being approved for licenses or permits. Requires an applicant for a limited permit to certify in writing that he or she will not receive explosive materials on more than four separate occasions during the period for which the limited permit is valid.

Prohibits: (1) the distribution of explosive materials to persons committed to a mental institution; and (2) the distribution to, or possession of explosive materials by, certain aliens, persons dishonorably discharged from the armed forces, or persons who have renounced their U.S. citizenship.

Requires licensed manufacturers, licensed importers, and those who manufacture or import explosive materials or ammonium nitrate to furnish samples and relevant information when required by the Secretary.

Sets penalties for the destruction of property of institutions receiving Federal financial assistance.