Commonwealth Mass Transit Fund; allocations, Hampton Roads Transportation Accountability Commission.

Commonwealth Mass Transit Fund; Hampton Roads Transportation Accountability Commission. Creates a new allocation from the Commonwealth Mass Transit Fund for the Hampton Roads Transportation Accountability Commission, adjusts the amounts of certain other allocations from such Fund, and removes the light rail system operated by the Transportation District Commission of Hampton Roads from eligibility for funds from such other allocations from such Fund. The bill requires the Commonwealth Transportation Board to withhold 20 percent of the funds from such new allocation unless the Transportation District Commission of Hampton Roads submits to it certain information annually.