quests under section 552 of title 5, United
States Code.
(C) COMPLIANCE WITH LAWS GOVERNING
TRANSPORTATION.—Projects funded by the
Corporation shall be considered to be federally
funded projects subject to—
(i) the National Historic Preservation
Act (16 U.S.C. 470 et seq.);
(ii) the National Environmental Policy
Act of 1969 (42 U.S.C. 4321 et seq.);
(iii) the Clean Air Act (42 U.S.C.
7401 et seq.); and
(iv) section 303 of title 49, United
States Code.
(6) EFFECTIVE
ANALYSIS.—In assessing the
impact of projects under consideration for funding,
the Corporation shall use analytical tools consistent
with state-of-the-art practices, in accordance with
applicable Federal regulations and guidance.
(7) POWERS.—The Corporation shall have the
power—
(A) to acquire personal and real property
(including land lying under water and riparian
rights), or any easement or other interest in
real property, by purchase, lease, gift, transfer,
or exchange;
(B) to apply for and accept any property,
material, 
service, 
payment, 
appropriation,
grant, gift, loan, advance, or other fund that is
transferred or made available to the Corpora-
tion by the Federal Government or by any other
public or private entity or individual;
(C) to borrow money on a short-term basis
and issue notes of the Corporation for the bor-
rowing payable on such terms and conditions as
the Corporation considers advisable, and to
issue long-term or short-term tax-exempt bonds
in the discretion of the Corporation for any
purpose consistent with this Act, which notes
and bonds—
(i) shall not constitute—
(I) a debt of the United States
(or any political subdivision of the
United States); or
(II) a general obligation of a
metropolitan Washington region juris-
diction (or any political subdivision of
a metropolitan Washington region ju-
risdiction), unless consented to by the
jurisdiction (or political subdivision);
and
(ii) may be secured solely by the gen-
eral revenues of the Corporation or by
other revenues in the discretion of the Cor-
poration;
(D) to permit single-occupancy vehicles to
travel on high-occupancy lanes in the region,
if—
(i) the affected signatory or signato-
ries consent to charge tolls to single-occu-
pancy vehicles given access to high-occu-
pancy lanes;
(ii) the toll can be implemented in a
way that does not reduce the level of serv-
ice; and
(iii) the affected signatory or signato-
ries consent to use the toll revenues for re-
gional transportation projects;
(E) to enter into any contract or agree-
ment appropriate to the performance of the du-
ties of the Corporation;
(F) to enter into partnerships or grant
concessions between the public and private sec-
tors for the purpose of—
(i) financing, constructing, maintain-
ing, improving, or operating regional trans-
portation facilities in the metropolitan
Washington region; or
(ii) fostering development of a new
transportation technology;
(G) to obtain any necessary Federal au-
thorization, permit, or approval for the con-
struction, repair, maintenance, or operation of
regional transportation facilities in the metro-
politan Washington region;
(H) to adopt an official seal and alter the
seal, as the Corporation considers to be appro-
priate;
(I) to appoint 1 or more advisory commit-
tees;
(J) to sue and be sued in the name of the
Corporation;
(K) to contract with State or local govern-
ments, or other entities, to carry out such
maintenance of traffic activities during con-
struction of regional transportation facilities in
the metropolitan Washington region as are con-
sidered to be necessary by the Corporation to
properly manage traffic and minimize conges-
tion, such as—
(i) public information campaigns;
(ii) improvements designed to encour-
age appropriate use of alternative routes;
(iii) use of high occupancy vehicles
and transit services; and
(iv) deployment and operation of intel-
ligent transportation system technologies;
(L) to carry out any activity appropriate to
the exercise of the powers or performance of the
duties of the Corporation under this Act and
under any interstate compact or agreement re-
lating to the Corporation that is consistent with
this Act, if the activity is coordinated and con-
sistent with the transportation planning process
implemented by the metropolitan planning orga-
nization for the metropolitan Washington re-
gion under section 134 of title 23, United
States Code, and section 5303 of title 49,
United States Code; and
(M) to work with the metropolitan Wash-
ington region jurisdictions to improve coordina-
tion of transportation planning and land use
planning.
(b) REPORTS.—The Secretary of Transportation
shall submit to the Committee on Transportation and In-
frastructure of the House of Representatives and the Com-
mittee on Environment and Public Works of the Senate—
(1) not later than 1 year after the date of en-
actment of this Act, an interim report on the
progress of the Board in developing cooperative
transportation plans and regional funding mecha-
nisms to meet transportation needs in the metropoli-
tan Washington region; and
(2) not later than 3 years after the date of en-
actment of this Act, a final report on the results of
the actions of the Board in developing cooperative
transportation plans and regional funding mecha-
nisms to meet transportation needs in the metropoli-
tan Washington region.
SEC. 7. MAINTENANCE OF FUNDING AND EFFORT.
The funding provided under any regional transpor-
tation program developed under this Act shall supplement
(and not supplant) other Federal, State, and local trans-
portation funding for the metropolitan Washington region
jurisdictions. In using funds provided under this Act, a
metropolitan Washington region jurisdiction shall main-
tain the expenditures of the jurisdiction for transportation
in the metropolitan Washington region, at a level that is