TransAction 2040 is the current long range transportation plan for Northern Virginia, adopted by the Northern Virginia Transportation Authority (NVTA) in 2012. This TransAction update will be the first since the implementation of HB 2313 (2013), which established NVTA’s revenue stream. Per the legislation, the Authority can only fund regional projects that are included in its current long range transportation plan. It has been the Authority’s practice to update TransAction every five years. The TransAction update, when adopted in approximately two years, will guide the development of NVTA’s FY2018-23 Six Year Program.