Gov. Pence signs $400M road funding bill

Indiana Gov. Mike Pence (WISH File Photo)
Indiana Gov. Mike Pence (WISH File Photo)

INDIANAPOLIS (WLFI) – A bill signed into law Thursday by Gov. Mike Pence calls for $400 million dollars to go towards funding road projects in the state.

According to the governor’s office, the money will fund highway projects that are estimated to create 9,800 jobs.

“Our infrastructure makes Indiana a national transportation hub and a global distribution powerhouse, and it is one of the reasons Indiana continues to be recognized as a great place to do business,” said Pence in a news release. “The legislation I signed today will put Hoosiers to work now and make sure we remain the Crossroads of America.”

The bill, HEA 1002, allows $200 million to go towards projects immediately and with the option of an additional $200 million based on the state’s financial performance at the end of this year.

Not only will this legislation create 9,800 jobs, but it will also expand lane capacity on major highways in the state.

“Enhancing Indiana’s position as the Crossroads of America,” said Pence.

Since the end of December 2012, the state has made $800 million in new money available for roads and bridges, including $200 million for local governments.

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