(a) 1% Annual Chance Flood Event--Flood event having a 1% chance of being equaled or exceeded in any given year, also referred to as the base flood or 100-year flood.     
      (b) 0.2% Annual Chance Flood Event--Flood event having a 0.2% chance of being equaled or exceeded in any given year, also referred to as the 500-year flood.     
      (c) Board--The governing body of the Texas Water Development Board.     
      (d) Executive Administrator (EA)--The Executive Administrator of the TWDB or a designated representative.     
      (e) Flood Management Evaluation (FME)--A proposed study to identify, assess, and quantify flood risk or identify, evaluate, and recommend flood risk reduction solutions.     
      (f) Flood Management Strategy (FMS)--Flood risk reduction solution ideas and strategies that do not belong in FME or FMP categories. Examples may include regulatory enhancements, development of entity-wide buyout programs, and public outreach and education.     
      (g) Flood Mitigation--The implementation of actions, including both structural and non-structural solutions, to reduce flood risk to protect against the loss of life and property.     
      (h) Flood Mitigation Project (FMP)--A proposed flood project, both structural and non- structural, that has a non-zero capital costs or other non-recurring cost and that when implemented will reduce flood risk or mitigate flood hazards to life or property.     
      (i) Neighboring area--Any area, including but not limited to upstream and downstream areas, potentially affected by the proposed flood mitigation project.     
      (j) Political Subdivision--County, city, or other body politic or corporate of the state, including any district or authority created under Art. 3 §52 or Art. 16 §59 of the Constitution and including any interstate compact commission to which the state is a party and any nonprofit WSC created and operating under Ch. 67.     
      (k) Regional Flood Plan (RFP)--The plan adopted or amended by a Regional Flood Planning Group pursuant to Texas Water Code §16.062 (relating to Regional Flood Plans) and this chapter.     
      (l) State Flood Plan (SFP)--The most recent State Flood Plan adopted or amended by the Board under Texas Water Code §16.061 (relating to State Flood Plan).     
      (m) TWDB--Texas Water Development Board.     
     Source Note:        The provisions of this §362.2 adopted to be effective June 10, 2020, 45 TexReg 3851; amended to be effective October 26, 2023, 48 TexReg 6218