Modification of findings

Section 2 of the Earthquake Hazards Reduction Act of 1977 (42 U.S.C. 7701) is amended— (1) in paragraph (1)— (A) by striking 50 States, and the Commonwealth of Puerto Rico, and inserting States and Tribal jurisdictions; (B) by striking of them and inserting States; and (C) by adding at the end the following: Almost half of the United States population resides in areas that are at risk or experiencing a damaging earthquake during the 50-year period beginning on the date of the enactment of the National Earthquake Hazards Reduction Program Reauthorization Act of 2025; (2) in paragraph (2)— (A) by inserting after the first sentence the following: A 2023 report by the Federal Emergency Management Agency and the United States Geological Survey (FEMA P–366) estimates the annualized earthquake losses to the national building stock is $14,700,000,000 per year and the total economic exposure to earthquake losses (buildings and contents) across the nation is $107,800,000,000,000.; and (B) in the third sentence— (i) by striking and construction and inserting, construction, evaluation, and retrofitting; and (ii) by striking and (E) and inserting the following: (E) inventories of buildings and infrastructure with high seismic risk, especially those that are critical to community resilience, (F) programs that require or incentivize replacement or retrofit of existing buildings and infrastructure with high seismic risk, especially those that are critical to community resilience, and (G); (3) in paragraph (3), by inserting Tribal, after local,; (4) in paragraph (4), by striking could provide and all that follows through the period at the end and inserting is necessary to provide the scientific understanding needed to improve and expand the earthquake early warning system.; (5) in paragraph (8), by striking cave-ins and inserting collapse; (6) in paragraph (9)— (A) in the first sentence, by striking and local and inserting local, and Tribal government; (B) in the second sentence, by striking transfer knowledge and information to and inserting exchange knowledge and information between; and (C) in the third sentence, by striking specifications, criteria and inserting guidelines, codes, standards; (7) in paragraph (12)— (A) in the second sentence— (i) by striking When earthquakes occur, the built environment is generally and inserting Relatively newer buildings and infrastructure have generally been; and (ii) by striking and is and inserting when earthquakes occur, but most are; and (B) by adding at the end the following: In addition, buildings and infrastructure built to older codes and standards may pose significant risk of injury, loss of life, or irreparable damage. A 2021 report submitted to Congress pursuant to section 8(b), as amended by section 5 of the National Earthquake Hazards Reduction Program Reauthorization Act of 2018 (Public Law 115–307), by the Federal Emergency Management Agency and the National Institute of Standards and Technology (FEMA P2090/NST SP–1254) provides recommendations for improving post-earthquake functional recovery time of the built environment to support community resilience goals and many of these recommendations still need to be implemented.; and (8) in paragraph (13)— (A) in the first sentence, by inserting in 2011 after a study; (B) in the second sentence, by inserting (in 2011 dollars) after $300,000,000; and (C) by adding at the end the following: The cost of actual seismic retrofits to reduce known risks is not included in such valuation..

Section 2 of the Earthquake Hazards Reduction Act of 1977 (42 U.S.C. 7701) is amended— (1) in paragraph (1)— (A) by striking 50 States, and the Commonwealth of Puerto Rico, and inserting States and Tribal jurisdictions; (B) by striking of them and inserting States; (C) by striking Tennessee,, and inserting, Tennessee,; and (D) by striking A large portion of the population of the United States lives in areas vulnerable to earthquake hazards and inserting Almost half of the United States population resides in areas that are at risk or experiencing a damaging earthquake during the 50-year period beginning on the date of the enactment of the National Earthquake Hazards Reduction Program Reauthorization Act of 2025; (2) in paragraph (2)— (A) by inserting after the first sentence the following: A 2023 report by the Federal Emergency Management Agency and the United States Geological Survey (FEMA P–366) estimates the annualized earthquake losses to the national building stock is $14,700,000,000 per year and the total economic exposure to earthquake losses (buildings and contents) across the nation is $107,800,000,000,000.; and (B) in the third sentence— (i) by striking and construction and inserting, construction, evaluation, and retrofitting; and (ii) by striking and (E) and inserting the following: (E) inventories of buildings and infrastructure with high seismic risk, especially those that are critical to community resilience, (F) programs that require or incentivize replacement or retrofit of existing buildings and infrastructure with high seismic risk, especially those that are critical to community resilience, and (G); (3) in paragraph (3), by inserting Tribal, after local,; (4) in paragraph (4), by striking could provide and all that follows through the period at the end and inserting is necessary to provide the scientific understanding needed to improve and expand the earthquake early warning system.; (5) in paragraph (8), by striking cave-ins and inserting collapse; (6) in paragraph (9)— (A) in the first sentence, by striking and local and inserting local, and Tribal government; (B) in the second sentence, by striking transfer knowledge and information to and inserting exchange knowledge and information between; and (C) in the third sentence, by striking specifications, criteria and inserting guidelines, codes, standards; (7) in paragraph (12)— (A) in the second sentence— (i) by striking When earthquakes occur, the built environment is generally and inserting Relatively newer buildings and infrastructure have generally been; and (ii) by striking and is and inserting when earthquakes occur, but most are; and (B) by adding at the end the following: In addition, buildings and infrastructure built to older codes and standards may pose significant risk of injury, loss of life, or irreparable damage. A 2021 report submitted to Congress pursuant to section 8(b), as amended by section 5 of the National Earthquake Hazards Reduction Program Reauthorization Act of 2018 (Public Law 115–307), by the Federal Emergency Management Agency and the National Institute of Standards and Technology (FEMA P2090/NST SP–1254) provides recommendations for improving post-earthquake functional recovery time of the built environment to support community resilience goals and many of these recommendations still need to be implemented.; and (8) in paragraph (13)— (A) in the first sentence, by inserting in 2011 after a study; (B) in the second sentence, by inserting (in 2011 dollars) after $300,000,000; and (C) by adding at the end the following: The cost of actual seismic retrofits to reduce known risks is not included in such valuation..