Senator Randy Head said, “Senate Enrolled Act 67 and House Enrolled Act 1001 work together to provide more than $1 billion in new state and local road funding over the next two years without raising taxes or creating new debt.”
HEA 1001 builds upon Indiana’s current road-funding sources by providing $326 million for state highways and creating the Funding Indiana’s Roads for a Stronger, Safer Tomorrow (FIRSST) Task Force to develop a long-term road-funding plan for the state.
SEA 67 provides a one-time distribution of $433 million to counties, cities and towns across Indiana for local road projects. An additional $72 million is given to schools, libraries and townships totaling $505 million in returned funds to local units of government statewide. These funds were recently distributed from excess amounts that had accumulated in local governments’ reserve accounts.
Click here to view a video of Senate Appropriations Committee Chairman Luke Kenley (R-Noblesville) discussing Indiana’s road funding plan.
To view a full list of the distributions from SEA 67, click here.