IndianaNews

Gov. Eric Holcomb to sign new $32 billion budget

INDIANAPOLIS (AP) — Indiana Gov. Eric Holcomb is set to sign the state’s new $32 billion, two-year budget and a bill hiking gasoline taxes by 10 cents a gallon in order to boost road funding.

Holcomb will be joined by several Republican legislative leaders for Thursday afternoon’s Statehouse ceremony that comes less than a week after this year’s General Assembly session ended.

The first-year Republican governor has praised the budget plan approved by the GOP-dominated Legislature. That includes funding increases of about 1.7 percent for K-12 schools each of the next two years.

The road funding plan aims to pump an average of $1.2 billion more a year into infrastructure work, with money coming from the gas tax increase and new vehicle registration fees.

Related posts

Indiana AG Debuts Patriotic Seal Ahead of 250th Anniversary

Network Indiana

Train crashes into stolen car in Mishawaka, several crossings blocked

Jon Zimney

Woman injured after suspect fleeing Elkhart County Police crashes into SUV

Jon Zimney

Leave a Comment