1. Short title This Act may be cited as the National Earthquake Hazards Reduction Program Reauthorization Act of 2024 . 2. 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 2024 ; (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 ; (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