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Gov. Pence To Sign $230 Million Road Funding Bill Into Law

Last updated on Wednesday, March 23, 2016

(INDIANAPOLIS) - Indiana Gov. Mike Pence is set to sign a package deal into law that would pump roughly $230 million in new money into state highways and bridges over the next two years.

The governor's office say Pence will sign the measures today during a ceremony in Fort Wayne. The deal reached in the last days of the legislative session gives Pence a fraction of the $1 billion boost he sought. The plan also gives about $580 million toward local road projects, with much of that a one-time distribution from local income taxes held in reserve by the state.

Another part of the package is a 50 percent funding boost for Pence's Regional Cities economic development grant program for projects in the Evansville, South Bend and Fort Wayne areas.

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