Holcomb Announces Infrastructure Spending Plan

Gov. Eric Holcomb announced plans Tuesday to pump an additional $1 billion into infrastructure projects across Indiana, money that will be raised through massive fee increases on heavy-duty commercial vehicles that use the Indiana Toll Road. Dubbed the “Next Level Connections” program, the money comes from a renegotiated agreement with the company that operates the tollway. Under the new terms, which still need final perfunctory approval from the Indiana Finance Authority, rates charged on vehicles with three or more axles will increase by 35 percent beginning in October.

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Source: U.S. News

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