INDIANAPOLIS (AP) — A state request to dip into savings for major highway
projects earlier than planned is getting mixed reactions from Indiana
Department of Transportation on Thursday asked the state Senate
Appropriations Committee to approve the release of $400 million saved in a
special trust fund since the fund was created last year.
Lawmakers plan to
put $200 million per year into the fund for a long-term project for
Indiana roads until they reach about $1 billion in savings in 2020.
Chairman Sen. Luke Kenley of Noblesville says he's reluctant to open up
the savings early.
Gov. Mike Pence
backs the plan to use the money sooner to start projects before inflation
eats away at purchasing power.
The committee is
expected to vote on the proposal next week.