Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding in Article 5 of Chapter 9 of Title 15.2 a section numbered 15.2-984 as follows:
§15.2-984. Local Flood Plain Regulation.
Any locality may, by ordinance, regulate the activity on, or use or development of, a flood plain in a manner consistent with any state and federal flood plain management programs and requirements.
[ 2. That the provisions of this section shall be given retroactive and prospective effect. ]