1. Short title This Act may be cited as the Federal Flood Management Act of 2017 . 2. Definitions In this Act— (1) the term Administrator means the Administrator of the Federal Emergency Management Agency; (2) the term agency — (A) has the meaning given the term Executive agency in section 105 of title 5, United States Code; (B) includes military departments; and (C) does not apply to an agency that does not take agency actions in or affecting floodplains; (3) the term agency action means, with respect to an agency— (A) acquiring, managing, and disposing of Federal lands and facilities; (B) providing construction and improvements that are undertaken, financed by, or assisted by the Federal Government; and (C) conducting Federal activities and programs that affect land use, including planning, regulating, and licensing activities relating to water and land resources; (4) the term base flood means a flood that has a not less than 1 percent chance of occurring in a year; (5) the term critical action means any agency action with respect to which the head of the agency determines a slight chance of flooding would present an unacceptable amount of risk; (6) the term Executive Order 11988 means Executive Order 11988 (42 Fed. Reg. 26951; relating to floodplain management); (7) the term federally funded project means an action in which Federal funds are used, with respect to a structure or facility, for new construction, for substantial improvement, or to address substantial damage; (8) the term floodplain means, subject to section 4(b)(2), the lowland and relatively flat area that adjoins inland and coastal waters (including flood-prone areas of offshore islands); (9) the term National Flood Insurance Program means the program established under the National Flood Insurance Act of 1968 ( 42 U.S.C. 4001 et seq.)