Floodplain Enhancement and Recovery Act

S 1564, the Floodplain Enhancement and Recovery Act, exempts ecosystem restoration projects from standard flood insurance map change fees and streamlines approvals for projects that recover or enhance floodplain functions. It allows communities to permit certain restoration projects within regulatory floodways if they meet specific criteria: the project won't increase base flood elevations by more than 1 foot, won't harm critical infrastructure, and includes a post-project analysis submitted within 180 days. The bill directly affects communities, developers, and landowners undertaking floodplain restoration, as it modifies FEMA's processes for approving such projects under the Homeowner Flood Insurance Affordability Act. The Federal Emergency Management Agency (FEMA) must issue implementing guidance within 180 days of the bill's enactment.