Republicans Reveal Details of Indiana Road Funding Plan
Friday Apr 21, 2017 12:59pm
By: Tim Murray
Indiana lawmakers revealed more details of their plan to fund road and bridge improvements over the coming years.
It includes a 10 cent per gallon increase in the state's sales tax on gasoline. The portion of gas tax used in the general fund budget would eventually be phased out and shifted to roads and bridges by 2025.
The governor would be allowed to seek authority to levy tolls on interstate highways with approval of the state budget committee.
Owners would pay an additional $15 per year on all vehicle registrations. Owners of electric vehicles would pay an additional $150 fee while hybrid owners would pay $50.
The Indiana chapter of Americans For Prosperity expressed disappointment in the plan. State Director Justin Stevens called the plan a “tax hike now, fiscal responsibility later” approach.
Governor Eric Holcomb issued a statement supporting the plan.