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Last updated on Tuesday, May 28, 2013
(INDIANAPOLIS) - One month from now, Indiana will make the first deposit into a newly established trust fund, to pave the way for the state’s next big round of highway-building.
The new state budget requires funneling 200-million dollars a year into what's being called the Major Moves 2020 fund. If the state sticks to that schedule in future budgets, it'll have more than a billion dollars by 2020 to spend on big-ticket highway projects.
Senate Appropriations Chairman Luke Kenley threw out a few possibilities in proposing the fund, from completion of the I-69 extension to an outer beltway around I-465. That's an idea then-Governor Mitch Daniels proposed six years ago, then abandoned in the face of public opposition.
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