Review The Secretary of Veterans Affairs shall review all relevant authorities of the Department of Veterans Affairs, including those in section 312A of title 38, United States Code, and determine whether the provisions of such authorities are meaningful, relevant, and reflect the current operational needs, organization structure, and all other necessary requirements for the full life-cycle of effective and efficient management of capital assets. (b) Report Not later than 270 days after the date of the enactment of this Act, the Secretary shall submit to Congress a report regarding whether the authorities reviewed under subsection (a) should be revised to align more closely with current and future projected operational needs of the Department. (c) Contents The report required by subsection (b) shall include the following: (1) An assessment of whether other offices, administrations, or entities of the Department should be directed to formally assume certain functions currently assigned to officials of the Department, including to the Deputy Secretary, the Director of Construction and Facilities Management, the Under Secretary for Health, the Assistant Secretary for Management, and the Chief Financial Officer, pursuant to statute or Departmental practice, so as to match operational realties and needs, directives, policies, and procedures of the Department, to improve efficiencies, streamline management and lines of authority, responsibility, and accountability or other reasons that would be beneficial to the capital asset management of the Department. (2) An assessment of whether capital asset functions currently not clearly assumed or controlled by other entities of the Department should be more clearly assigned to relevant offices of the Department to match operational realities and needs, directives, policies, and procedures of the Department, to improve efficiencies, streamline management and lines of authority and responsibility, or other reasons that would be beneficial to the capital asset management of the