Mass transit; establishing various Funds to improve transportation.

. Directs the Commonwealth Transportation Board (the Board) to develop a prioritization process for the use of funds in the Commonwealth Mass Transit Fund (the Fund), based on criteria specified in the bill. The prioritization process would apply to capital projects administered by the Department of Rail and Public Transportation (DRPT). The bill establishes separate prioritization processes for the Board's Six Year-Improvement Program, state of good repair projects, and major expansion projects. The bill directs the Board to solicit input from various organizations, including localities and other stakeholders, on its development of prioritization processes and to create a Transit Service Advisory Committee to advise DRPT.