Soliday Bill Offers More Funds For Highways
February 13, 2014 — Lakeshore Public Media staff
A bill co-authored by State Representative Ed Soliday of Valparaiso could provide millions of dollars in funding to the state’s Department of Transportation. Sarah Holst reports…
The cold and snowy winter has strained the budget of several government agencies… including the Indiana Department of Transportation, or INDOT. While no immediate relief is in sight… a bill currently moving through the General Assembly could provide some long – term funding for infrastructure improvements.
House Bill 10-02, co-authored by Valparaiso Representative Ed Soliday… would transfer 400 million dollars from the state’s Major Moves 2020 fund into the State Highway Fund to address Indiana’s infrastructure needs. INDOT currently has 12 high-value projects in mind which could benefit from the proposed funding. While the costs to repair Indiana’s roads vary, according to INDOT, the 12 projects average $9 million dollars per mile.
Rep. Soliday authored an amendment to HB 10-02, which would also transfer $25 million dollars of the funding to the Local Infrastructure Grant Fund to support local municipalities working on infrastructure projects. The projects would require approval from INDOT, and the local unit would need to provide at least 10 percent of the total project cost.
The highway funding bill passed out of the House and will be considered today by the Senate Appropriations Committee. Sarah Holst, Lakeshore Public Radio.