 | |
| Predecessor | Hampton Roads Transportation Authority |
|---|---|
| Formation | June 14, 2014 |
| Type | Governmental organization |
| Purpose | finance and funding of transportation projects in the Hampton Roads region. |
| Headquarters | Chesapeake, Virginia |
Membership |
|
Chairman | William Sessoms |
Vice Chairman | Michael J. Hipple |
Executive Director | Kevin B. Page |
| Affiliations | Hampton Roads Transportation Planning Organization |
Budget | appx. $200 million USD in sales tax and other transportation revenue |
| Website | http://hrtac.org/ |
The Hampton Roads Transportation Accountability Commission (HRTAC) is a political subdivision of the Commonwealth of Virginia in the United States that has the responsibility for funding several major traffic projects in the Hampton Roads area. It was created by the Virginia General Assembly in 2014 to maintain and administer the Hampton Roads Transportation Fund, a trust fund established by the Virginia General Assembly through a 0.7% increase in the state sales and use tax and a 2.1% increase in the fuel tax region-wide. The organization previously existed as the Hampton Roads Transportation Authority (HRTA) but was disbanded in 2008 after the Virginia Supreme Court invalidated its authority to raise and levy taxes.
The organization exists alongside the Hampton Roads Transportation Planning Organization (HRTPO), which is the federally mandated metropolitan planning organization responsible for planning and programming the projects for the region. Although politically independent, the TAC generally consists of the same members of the TPO, with the major exception being that mass transit is not represented on the TAC due to state law prohibiting the use of HRTF funds for mass/public transit purposes.