The Indiana Senate is now considering House Bill 1002, which would provide a long-term road funding plan for the state.
The Indiana Department of Transportation (INDOT) estimates a $1 billion-per-year shortfall in road funding over the next 20 years. INDOT’s projections show that if the problem is not addressed, drivers will face severe deterioration of our state highways and bridges.
State Senator Randy Head said, “The gravity of our current road funding situation requires action. A long-term solution will be achieved through collaboration and a commitment to do what is needed to solve this pressing issue.”
Here are some of the options being considered to increase road funding:
- Dedicating more of the sales tax on gasoline to road funding
- Raising and indexing fuel-tax rates
- New fees on alternative vehicles that pay little or no fuel taxes
- Vehicle registration fees
- Limited bonding
With a fully funded long-term roads plan, Indiana would be able to complete needed projects across the state, including:
- Finish upgrades to U.S. 31 from Indianapolis to South Bend
- Upgrade U.S. 30 between Valparaiso and Fort Wayne
- Add more travel lanes on I-65, I-70 and I-69
Senator Head said, “I am reviewing these ideas carefully and am not committed to any one proposal. Funding our roads is an important issue, and I look forward to hearing from constituents on this topic between now and the end of session.”