Transportation Equity Act This bill directs the Department of Transportation (DOT) to reestablish the Transportation Equity Committee. The committee must study, advise DOT about, and develop a strategic plan concerning transportation equity issues. The committee must also evaluate the work of DOT in connecting people to economic and related forms of opportunity; revitalizing communities through strategic, research, technological, regulatory, community engagement, and economic policy activities related to transportation and opportunity; and ensuring equal access to transportation for all residents. In addition, DOT must appoint a full-time federal employee to serve as coordinator and act as the designated federal officer for the committee.