The money is the result of an agreement between Indiana State University and Pioneer Oil.
Pence's budget proposal to the general assembly includes education initiatives, bicentennial projects and money for community corrections.
A California-based company was supposed to pay Terre Haute $3 million by the end of December.
Donnelly wants to allow businesses to hire workers for up to 40 hours per week without being required to provide health insurance.
A 2015 forecast for the economies in Bloomington, Columbus and Terre Haute remain hopeful.
INDOT says salt prices are up 57 percent compared to last year.
More people are moving out of Indiana than are moving into the state, according to a report released by moving company Atlas Van Lines.
Duke Energy Indiana wants to expand solar power for customers.
Oil prices have dropped below $50 per barrel, but gas in Central Indiana has risen to above $2 per gallon.
Rep. Ed Clere, R-New Albany, is proposing a bill that would ban smoking in casinos.