,i #aae? ,,congress #a/ ,session ,h4 ,r4 #aadj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #af1 #bjag,mr4 ,delaney introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,transportation & ,infra/ructure1 & 9 addition to ! ,committee on ! ,judici>y1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to provide additional fund+ = ! ,wa%+ton ,metropolitan ,area ,transit ,au?ority & improve ^u ! ,wa%+ton ,metropolitan ,area ,transit ,au?ority ,compact1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,wmata ,improvem5t ,act ( #bjag4 #b4 ,au?orization ( grants 7a7 ,9 g5]al ,subject to ! requirem5ts ( section #c1 ! ,secret>y ( ,transportation may provide grants to ! ,transit ,au?ority1 9 addition to any grant am\nts provid$ pursuant to section #fja ( ! ,pass5g] ,rail ,inve/m5t & ,improvem5t ,act ( #bjjh 7,public ,law #aaj-dcb2 #abf ,/at4 #difh71 9 an am\nt n to exce$ #ge1jjj1jjj = ea* ( fiscal ye>s #bjah ?r\gh #bjbh = ! purpose ( f9anc+ capital & prev5tive ma9t5ance projects approv$ by ! ,bo>d ( ,directors ( ! ,transit ,au?ority4 7b7 ,mat*+ funds requir$ ,! ,f$]al %>e ( ! co/ ( a project c>ri$ out us+ grant am\nts provid$ "u subsection 7a7 %all n exce$ #ej p]c5t ( ! co/ ( su* project4 ,! non-,f$]al %>e ( ! co/ ( su* project %all be borne equally by ! ,di/rict ( ,columbia1 ! ,commonweal? ( ,virg9ia1 & ! ,/ate ( ,m>yl&4 7c7 ,limitations 7#a7 ,t]ms & conditions ,any grant provid$ "u ?is section %all be subject to ! requirem5ts ( subsections 7b7 & 7c7 ( section #fja ( ! ,pass5g] ,rail ,inve/m5t & ,improvem5t ,act ( #bjjh 7,public ,law #aaj-dcb2 #abf ,/at4 #difh74 7#b7 ,collective b>ga9+ agreem5t am5dm5ts 7,a7 ,9 g5]al ,no grants may be provid$ "u ?is section until ! ,bo>d ( ,directors ( ! ,transit ,au?ority1 z su* ,bo>d is compos$ pursuant to ! am5dm5ts "u section #c1 c]tifies t am5dm5ts h be5 made to any exi/+ collective b>ga9+ agreem5t betwe5 ! ,transit ,au?ority & a collective b>ga9+ unit to all[ ! ,transit ,au?ority to implem5t all necess>y op]ational *anges requir$ bo? to provide a high level ( s]vice1 reliability1 & safety z well z l[] co/s by selectively us+ competitive bidd+ = c]ta9 capital improvem5t projects4 7,b7 ,application ( laws ,any agreem5t describ$ "u subp>agraph 7,a7 %all comply ) ! requirem5ts (-- 7i7 section #eccc7;b7 ( title #di1 ,unit$ ,/ates ,code2 & 7ii7 sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 7,c7 ,am5d$ agreem5ts ,a collective b>ga9+ agreem5t ent]$ into aft] ,janu>y #a1 #bjag1 may be consid]$ an am5d$ collective b>ga9+ agreem5t = purposes ( ?is section4 #c4 ,am5dm5ts to ,,wmata ,compact ,no grant am\nts may be provid$ "u section #b until ! ,wa%+ton ,metropolitan ,area ,transit ,au?ority ,compact includes ! foll[+ am5dm5ts3 7#a7 ,an am5dm5t requir+ t ea* memb] ( ! ,bo>d ( ,directors ( ! ,transit ,au?ority h a prim>y fiduci>y obligation to ! ,transit ,au?ority4 7#b7 7,a7 ,an am5dm5t requir+ t beg9n+ aft] ! date ( implem5tation ( ! am5d$ compact & !reaft]1 t ! memb]s ( ! ,bo>d ( ,directors ( ! ,transit ,au?ority appo9t$ z describ$ 9 p>agraph 7#c77;,a7 %all h at lea/ #a exp]t qualification1 z describ$ 9 subp>agraph 7,b74 7,b7 ,! exp]t qualifications ref]r$ to 9 subp>agraph 7,a7 are ! foll[+3 7i7 ,a c]tifi$ transit exp]t :o has s]v$ 9 a s5ior executive capacity1 or ! equival5t1 ( a transit au?ority 9 ! ,unit$ ,/ates4 7ii7 ,a c]tifi$ managem5t exp]t :o is curr5tly or has previ\sly s]v$ = five or m ye>s & has 9 8 or h] capacity manag$1 directly or indirectly1 m ?an #a1jjj full-"t employees-- 7,i7 z a presid5t1 *ief op]at+ (fic]1 *ief executive (fic]1 *airman1 or manag+ p>tn] or an equival5t position ( a qualify+ bus9ess2 or 7,,ii7 z ! presid5t or mo/ s5ior manag] ( a division ( a qualify+ bus9ess4 7iii7 ,a c]tifi$ f9ancial exp]t :o meets ! /&>ds ( an audit committee f9ancial exp]t "u ,new ,york ,/ock ,ex*ange rules1 z 9 effect on ! date ( enactm5t ( ?is ,act4 7iv7 ,a c]tifi$ safety exp]t :o has a m9imum ( #e ye>s ( exp]i5ce z a *airman1 director1 s5ior inve/igator or equival5t position ( a transportation or transit safety bo>d 9 ! ,unit$ ,/ates4 7,c7 ,= purposes ( ?is p>agraph1 ! t]m qualify+ bus9ess means a corporation1 p>tn]%ip1 or limit$ liability entity t is engag$ prim>ily 9 op]at+ activities & n inve/+ activities4 7#c7 ,an am5dm5t requir+ t ! ,bo>d ( ,directors ( ! ,transit ,au?ority be compos$ ( #i vot+ memb]s z foll[s3 7,a7 ,two memb]s appo9t$ by ea* ( ! ,di/rict ( ,columbia1 ! ,commonweal? ( ,virg9ia1 & ! ,/ate ( ,m>yl&4 7,b7 ,two memb]s appo9t$ by ! ,secret>y ( ,transportation4 7,c7 ,! ,,ceo ( ! ,transit ,au?ority4 #d4 ,failure to enact am5dm5ts 7a7 ,)drawal ( cons5t ,except z provid$ = "u subsection 7b71 if ! signatories ( ! ,compact h n enact$ ! am5dm5ts describ$ 9 section #c be=e ! date t is #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 congressional cons5t = ! ,compact is h]eby )drawn4 7b7 ,ext5sion ,! signatories may apply to ! ,secret>y ( ,transportation = a s+le #c-mon? ext5sion ( ! deadl9e "u subsection 7a74 ,su* ext5sion %all be grant$ by ! ,secret>y s long z ! signatories h %[n progress t[>d in/itut+ ! am5dm5ts4 #e4 ,def9itions ,9 ?is ,act3 7#a7 ,compact ,! t]m ,compact means ! ,wa%+ton ,metropolitan ,area ,transit ,au?ority ,compact 7cons5t$ to by ,congress "u ,public ,law #hi-ggd1 #hj ,/at4 #acbd7 z title ,,iii ( ! ,wa%+ton ,metropolitan ,area ,transit ,regulation ,compact 7cons5t$ to by ,congress "u ,public ,law #hf-gid1 #gd ,/at4 #ajca74 7#b7 ,transit ,au?ority ,! t]m ,transit ,au?ority means ! ,wa%+ton ,metropolitan ,area ,transit ,au?ority e/abli%$ "u ,article ,,iii ( ! ,compact4