; (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 ; and (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 ; (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. . 3. Modification of purpose Section 3 of the Earthquake Hazards Reduction Act of 1977 ( 42 U.S.C. 7702 ) is amended— (1) in paragraph (1)— (A) by striking and local and inserting , local, and Tribal government