; and (ii) the Committee on Transportation and Infrastructure of the House of Representatives. (C) Pilot program The term pilot program means the pilot program established and carried out by the Administrator under this subsection. (2) Pilot program As part of the program carried out under section 1366 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4104c ), the Administrator shall, not later than 1 year after the date of enactment of this Act, establish a pilot program under which the Administrator shall make grants to the State of Florida, which shall, subject to paragraph (3), use those grant funds to elevate structures located in areas in that State having special flood hazards or other areas of flood risk. (3) Matching requirement With respect to any project carried out with a grant made by the Administrator under the pilot program, the State of Florida shall match 50 percent of the grant amount. (4) Termination The pilot program shall terminate on the date that is 5 years after the date on which the Administrator establishes the pilot program under paragraph (2). (5) Report Not later than 90 days after the date on which the pilot program terminates under paragraph (4), the Administrator shall submit to the appropriate committees of Congress a report that contains— (A) findings from carrying out the pilot program; and (B) recommendations regarding whether the pilot program, or a similar program, should be made permanent. (f) Emergency Watershed Protection Program regulations revisions The Secretary of Agriculture shall issue a rule— (1) to revise section 624.9 of title 7, Code of Federal Regulations, to provide that funds must be obligated by the State Conservationist and construction completed within 365 calendar days after the date funds are committed to the State Conservationist, except for exigency situations in which case the construction must be completed within 30 days after the date the funds are committed