Give Now

Senate Committee Scales Back Money To INDOT

A Senate committee scaled back the amount of money INDOT will receive form the Major Moves 2020 fund.

brian bosma

Photo: Brandon Smith

Brian Bosma at the Statehouse Thursday.

A Senate committee Thursday cut in half the amount of transportation money set to be released to the Indiana Department of Transportation.

Last year’s budget set aside $400 million for the Major Moves 2020 fund to be used for major highway projects in the future.  The first $200 million was deposited into the fund last year; the second $200 million was going to be deposited this year.  The House passed a bill releasing all of the money to INDOT with no strings attached.  Changes approved by the Senate Appropriations Committee will still give INDOT the first $200 million.  But Appropriations Chair Luke Kenley says the rest of the money will be held until 2015.

“And when we have our budget discussions next year,” Kenley said. “If we want to keep it in the fund or if we want to roll it to maintenance, we’ll have the opportunity to decide that.”

Speaker Brian Bosma says House and Senate leadership are still working with the governor to settle on a good balance for the Major Moves dollars:

“We’re evolving in our position, trying to find the right spot where everyone is comfortable,” Bosma said. “Both those who are aggressive on projects and those who are aggressive on maintaining the state’s reserves.”

The bill now heads to the Senate floor.

 

Brandon Smith

Brandon Smith has previously worked as a reporter and anchor for KBIA Radio in Columbia, MO, and at WSPY Radio in Plano, IL as a show host, reporter, producer and anchor. Brandon graduated from the University of Missouri-Columbia with a Bachelor of Journalism in 2010, with minors in political science and history. He was born and raised in Chicago.

View all posts by this author »

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Support For Indiana Public Media Comes From

Search News

Stay Connected

RSS e-mail itunes Facebook Twitter Flickr YouTube

Follow us on Twitter

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Recent Transportation Stories

Recent Videos

Find Us on Facebook