Indiana's Gov. Mike Pence has announced that he will ask the State Budget Committee to review his decision to release the remaining $200 million set aside for the “Major Moves 2020” highway construction program.
Following the 2014 legislative session, Governor Pence signed HEA 1002 into law. The act invested $200 million in interstate expansion projects and set aside an additional $200 million for release pending December’s revenue forecast. Governor Pence today announced his request that the State Budget Committee, a bi-partisan group of the legislative and executive branch, release the remaining funding.
“When we call ourselves the Crossroads of America, we need to have the roads to back it up,” said Governor Pence. “Projected revenue reports show good overall financial health for the state, and I am confident an additional $200 million can be invested in a fiscally responsible way to put Hoosiers to work on Indiana’s infrastructure.”
Design-build contracts to be bid next year will expand three heavily-traveled sections of four-lane interstates:
- I-65 from State Road 44 near Franklin to Main Street in Greenwood
- I-65 from Sellersburg (Exit 9) to Memphis (Exit 16) in Clark County
- I-69 from State Road 37 in Fishers to Southeastern/Campus Parkway (Exit 210) in Hamilton County
Two contracts have been awarded with the initial funding and construction will begin later this year:
- I-65 from Main Street in Greenwood to Southport Road in Indianapolis
- I-65 in the Lafayette area from State Road 38 to State Road 25
Gov. Pence has dedicated hundreds of millions in additional dollars for Indiana’s roads and bridges. Since 2013, under the Governor’s leadership, the state has made a total of $800 million in new money available for roads and bridges, including $200 million for local governments.