‘‘(d) INVESTMENT OF AMOUNTS.— 
‘‘(1) IN
GENERAL.—The Secretary of the 
Treasury shall invest such portion of the Loss Re-
duction Trust Fund as is not, in the judgment of 
the Secretary of the Treasury, required to meet cur-
rent withdrawals. Investments may be made only in 
interest-bearing obligations of the United States. 
‘‘(2) ACQUISITION OF OBLIGATIONS.—For the 
purpose of investments under paragraph (1), obliga-
tions may be acquired— 
‘‘(A) on original issue at the issue price; or 
‘‘(B) by purchase of outstanding obliga-
tions at the market price. 
‘‘(3) SALE
OF
OBLIGATIONS.—Any obligation 
acquired by the Loss Reduction Trust Fund may be 
sold by the Secretary of the Treasury at the market 
price. 
‘‘(4) CREDITS TO FUND.—The interest on, and 
the proceeds from the sale or redemption of, any ob-
ligations held in the Loss Reduction Trust Fund 
shall be credited to and form a part of the Loss Re-
duction Trust Fund. 
‘‘(e) TRANSFERS OF AMOUNTS.— 
‘‘(1) IN GENERAL.—The amounts required to 
be transferred to the Loss Reduction Trust Fund
under this section shall be transferred at least 
monthly from the general fund of the Treasury to 
the Loss Reduction Trust Fund on the basis of esti-
mates made by the Secretary of the Treasury. 
‘‘(2) ADJUSTMENTS.—Proper adjustment shall 
be made in amounts subsequently transferred to the 
extent prior estimates were in excess of or less than 
the amounts required to be transferred. 
‘‘(f) GIFTS.—The Secretary of the Treasury may ac-
cept gifts of cash for transfer to the Loss Reduction Trust 
Fund.’’. 
(c) FUNDING
FOR
CENTRAL
UNITED
STATES 
EARTHQUAKE CONSORTIUM.—Section 12(a)(8)(B) of the 
Earthquake Hazards Reduction Act of 1977 (42 U.S.C. 
7706) is amended by striking the comma at the end and 
inserting the following: ‘‘, of which $1,000,000 is for the 
Central United States Earthquake Consortium to fund a 
multi-State consortium to reduce the threat of earthquake 
damages in the New Madrid seismic region through efforts 
to enhance preparedness, response, recovery, and mitiga-
tion,’’ . 
(d) AUTHORIZATION OF APPROPRIATIONS.—Section 
12 of the Earthquake Hazards Reduction Act of 1977 (42 
U.S.C. 7706) is amended by adding at the end the fol-
lowing:
‘‘(e) LOSS REDUCTION TRUST FUND.—There is au-
thorized to be appropriated to the Loss Reduction Trust 
Fund $1,000,000,000.’’. 
(e) POSTDISASTER ASSISTANCE.— 
(1) DEFINITIONS.—Section 102 of the Robert 
T. Stafford Disaster Relief and Emergency Assist-
ance Act (42 U.S.C. 5122) is amended by adding at 
the end the following: 
‘‘(10) CRITICAL FACILITY.—The term ‘critical 
facility’ means— 
‘‘(A) a public structure (including a police 
station, fire station, city or town hall, school, or 
other public building) or a public or nonprofit 
private hospital that is— 
‘‘(i) owned by an entity; and 
‘‘(ii) critical to the continuity of the 
entity or to the conduct of the disaster re-
sponse activities of the entity; or 
‘‘(B) a facility that— 
‘‘(i) provides medical services to a spe-
cific occupational or industry segment of 
the general public; and 
‘‘(ii) is operated by an organization 
described in subsection (c) or (d) of section 
501 of the Internal Revenue Code of 1986
and exempt from taxation under subsection 
(a) of such section. 
‘‘(11) CRITICAL
PUBLIC
INFRASTRUCTURE.— 
The term ‘critical public infrastructure’ means a 
utility or transportation system (including a bridge, 
energy system, water or sewer system, or commu-
nication system) that is— 
‘‘(A) owned by an entity; and 
‘‘(B) critical to the conduct of the disaster 
response activities of the entity.’’. 
(f) CONFORMING AMENDMENTS.—Section 12(a) of 
the Earthquake Hazards Reduction Act of 1977 (42 
U.S.C. 7706(a)) is amended by inserting ‘‘(as in effect on 
September 30, 1997)’’ after ‘‘6 of this Act’’ each place 
it appears. 
SEC. 10. FUNDING FOR ADVANCED NATIONAL SEISMIC RE-
SEARCH AND MONITORING SYSTEM. 
(a) FINDINGS.—Congress finds the following: 
(1) The Advanced National Seismic System 
(know as ‘‘ANSS’’), established by the Director of 
the United States Geographical Survey under section 
13 of the Earthquake Hazards Reduction Act of 
1977 (42 U.S.C. 7707), is charged with providing 
timely data and information for seismic events, in-
cluding their effects on buildings and structures, by
employing modern monitoring methods and tech-
nologies. 
(2) These technologies include an integrated 
system of modern seismographs, communications 
networks, data processing, and well-trained per-
sonnel. 
(3) ANSS will automatically broadcast informa-
tion when a significant earthquake occurs for imme-
diate assessment of its impact. 
(4) Where feasible, for sites at a distance from 
the epicenter, ANSS will broadcast an early warning 
seconds before strong shaking arrives. 
(5) This capability can provide a warning that 
may save lives and critical infrastructure. 
(6) Since fiscal year 2002, Congress has appro-
priated funding for ANSS at a level that is consider-
ably lower than its authorization. 
(b) SENSE OF CONGRESS.—It is the sense of Con-
gress that the Advanced National Seismic System should 
be funded at its authorization level in order to achieve the 
goal of deploying a nationwide network of over 7,000 
earthquake sensor systems serving the entire United 
States and providing dense coverage in 26 at-risk urban 
areas. 
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