A bill to improve
Indiana’s transportation system passed out of the House with bipartisan
support and will now go to the Senate.
House Bill 1002, a
joint effort between State Representatives Ed Soliday, R-Valparaiso, and Tim
Brown, R-Crawfordsville, authorizes the Budget Agency to transfer funds,
already approved in the biennial budget, to the State Highway Fund to
address Indiana’s current infrastructure needs.
Indiana’s transportation system is an ongoing endeavor and takes a
coordinated effort to sustain it,” said Soliday. “After working with the
Indiana Department of Transportation (INDOT) and Chairman Brown, House Bill
1002 is a step towards addressing several of Indiana’s immediate
infrastructure needs as well as the needs that local governments have to
improve their roads and bridges.”
If enacted, HB 1002
would allow the Budget Agency to transfer any balance in the Major Moves
2020 Trust Fund, which will be at $400 million on July 1 of this year, to
the State Highway Fund to address Indiana’s current infrastructure needs.
The Budget Agency has until July 1, 2015 to make the transfer.
has 12 high-value projects in mind which these additional dollars would help
While the costs to
repair Indiana’s roads vary, according to INDOT, preliminary cost estimates
for the 12 projects average $9 million per centerline mile. Several key
factors contribute to the cost of these projects like rehabilitation of
existing pavement, interchange modifications and bridge replacement.
mechanisms were changed last year for the state’s biennial budget,
allocating 1 percent of the state sales tax to go to road funding. We also
set aside $400 million to be put into the Major Moves 2020 Fund, so that our
state’s infrastructure could be prepared for future demands,” said Brown.
Soliday authored an amendment to HB 1002, which would provide a one-time
transfer of $25 million from the State Highway Fund to the Local
Infrastructure Grant Fund. This transfer of dollars would support local
municipalities working on projects that either repair roads or increase the
capacity of local roads and bridges.
The projects would
require approval from INDOT, must be part of the local unit’s transportation
asset management plan and the local unit would need to provide at least 10
percent of the total project cost.
“This $25 million
transfer is designed to help local governments address their infrastructure
needs while retaining a large portion to support several projects that INDOT
already has in motion,” said Soliday.