Statehouse GOP releases roads funding plan

Indiana statehouse

The legislation eliminated all inheritance taxes.

Republican House Speaker Brian Bosma says the state's supply of lethal injection drugs, used in the execution of prisoners, is nearing their expiration dates.

The gasoline tax, last adjusted in 2003, would increase from the current 18 cents, going up 5 cents this July and another nickel in July 2018. Legislators hope to adjourn for the year Friday or Saturday.

Governor Eric Holcomb issued 24-hour news 8 statement about the deal.

As expected, the package imposes new vehicle fees, and raises gas taxes 10 cents, with additional increases of up to a penny a year to keep up with inflation. All passenger vehicle owners would be required to pay an annual $15 infrastructure fee, and electric vehicle owners would pay $150 since they do not pay gasoline tax.

Statehouse Republican leaders are praising their plan to raise taxes on motorists in order to pay for road infrastructure improvements across Indiana.

More news: RESULTS: How would you vote in a snap General Election in June?

It won't contain a hike in the state's cigarette tax.

In recent years, Republican-championed policies have eliminated taxes on inheritances, cut corporate tax rates and cut property taxes. At the same time they increased the state's reliance on sales tax, which disproportionately impacts poor or working class people.

That's eliminated about $650 million from the state's budget, according to estimates from Purdue University economist Larry DeBoer.

"This thoughtful approach also makes sure to fund both state and local road projects - which we know is very important for Hoosier companies - and that everyone pays their fair share through a user-fee based model". But the deal they reached only gets them part of the way there and doesn't address all of the state's transportation funding needs, which are estimated at $2 billion in new revenue a year. But he says as fuel efficiency improves, the state will have to confront the question of tolls.

The bill also would authorize the governor to seek federal approval to implement tolling on interstate highways, something several groups vehemently opposed.

Related News:

  • Sprint's Galaxy S8 Pre-Order To Get A eCertificate for $100

    Along with the basic phone features, Galaxy S8 has another additional mind-blowing feature that made it infinitely fantastic . The dual-screen smartphone may be a preliminary prototype for Samsung's supposedly bendable smartphone, the Galaxy X.
    Alert issued for chicken nugget meal over possible Salmonella

    Alert issued for chicken nugget meal over possible Salmonella

    Anyone with questions about the recalled product can contact Conagra Brands Consumer Affairs at 1-800-289-6014. In addition to chicken nuggets, the frozen meals affected include macaroni and cheese and a chocolate brownie.
    Passenger train derails in Karnataka, none hurt

    Passenger train derails in Karnataka, none hurt

    Fortunately, all the passengers were safe and arrangements were made to evacuate the passengers from the site of derailment. The Bidar-Hyderabad Intercity Express is rescheduled to accommodate the passengers of the derailed train, he said.
  • Syria still has chemical weapons says US defence secretary

    Syria still has chemical weapons says US defence secretary

    In response to the April 4 attack, the USA fired 59 missiles at a Syrian air base it said was the launching pad for the attack. The exchange was delayed by a late rebel demand that the government of President Bashar al-Assad free 750 prisoners.

    Paris shooting second suspect turns self in, election campaign suspended

    A cop was shot dead on the Champs-Elysees shopping street before a Kalashnikov-wielding murderer was himself killed. The attack came less than three days before French voters were due to go to the polls in presidential elections .

    Jupiter and Saturn's moons are ocean worlds

    Both studies are laying the foundation for the Europa Clipper mission , which is slated to launch in the 2020s. The gas could be a chemical energy source of life, scientists involved with the mission said.
  • Twitch's new affiliate program will let nearly  any streamer earn money

    Twitch's new affiliate program will let nearly any streamer earn money

    Beyond cheering, Twitch said affiliates will eventually have access to subscriptions , game commerce programs, and advertising. Twitch , which is owned by Amazon, estimates that the new partner program will be available to "tens of thousands" of users.
    Lyrid Fireballs To Glow Across Sky Friday Night

    Lyrid Fireballs To Glow Across Sky Friday Night

    The shower is expected to be at its most intense late Friday and early Saturday , with prime viewing between 2 a.m. and dawn. The best time to view the Lyrids will be after midnight as the meteors begins to climb high in the sky.

    Huge Majority Of UK Lawmakers Back June 8 Early Election

    This story was first published on CNN.com, " General election: UK Parliament approves Theresa May's snap vote ". Both May and the European Commission have said that negotiations will only start in earnest after the poll.
  • UK lawmakers approve PM's call for early election

    Mr Corbyn said Mrs May's U-turn on her previous insistence that she would not call an election showed she could not be trusted. MPs have backed Theresa May's calls for a general election to be held on June 8.
    Former Iran leader Ahmadinejad barred from presidential election

    Former Iran leader Ahmadinejad barred from presidential election

    Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. The expectation is that the vote will basically come down to Rouhani and Raisi, with Raisi the favored candidate of Khamenei.
    Taliban inflict more than 50 Afghan casualties in base attack, US says

    Taliban inflict more than 50 Afghan casualties in base attack, US says

    The Western-backed Afghan government is locked in a prolonged war with Taliban insurgents as well as other militant groups. Officials said around 50 people were killed in that attack, though credible sources said it was more than double that.


Most liked

Ahmadinejad Registers To Run For Iranian President
Ahmadinejad's candidacy could fracture hardline support for Raisi, thus jeopardizing Raisi's chances. So far, 126 candidates, including six women, have registered at the Iranian Interior Ministry.

Kim Kardashian receives backlash for Virgin Mary Kimoji
Do you ever ask yourself what will I be remembered for? Everything you do is for publicity and now you involve religion. Meanwhile Kim angered her fans today by transforming herself into the Virgin Mary for a new Kimoji.

Russia BLOCKS United Nations from condemning Syrian chemical attack
Peskov also said Putin had given Tillerson his views on the situation in Syria, and how it was likely to develop. Putin discussed the general decline in U.S.

Cardell Hayes sentenced to 25 years for killing Will Smith
Faia has said it was devastating for her client to learn of his suspension while at a public wake that the Saints held for Smith. Wailing and shaking, she pleaded for mercy from the judge and begged for the Smiths to forgive her son. "I know him.

Election stops introduction of probate fees rise
The application for a grant of probate costs £155 or £215 - paid to the Government - for estates with a value of at least £5,000. Probate fees, which are now as low as £155 for solicitors, would have risen by more than 100 times for the largest estates.

Wall, Beal lead Wizards past Hawks; Rockets take 2-0 lead
Rondo's night ended with 11 points and 14 assists on a night when all five Bulls starters reached double figures. It's fitting that the Wizards played "Ether" over the PA late in the fourth quarter of this game .

Netflix says it's competing with 'sleep' not Amazon or Hulu
Netflix's first-quarter earnings, released today, revealed there's one area it has no interest in competing in: live TV. The model works from a customer viewpoint because it is such a great value, Pachter said.

What Was Written on Aaron Hernandez's Forehead When He Died?
Hernandez's body is at Faggas Funeral Home in Watertown, Massachusetts, according to funeral home secretary Jennifer Smith. Baez said Thursday that he remains skeptical of the conclusion that Hernandez's death was a suicide.

O'Reilly book offers tips on how to treat women
White, college-educated women ignored those comments and voted for Trump over Hilary Clinton in the November 8 election. Advertisers have been fleeingThe O'Reiilly Factor since the allegations surfaced.

LG G6 Price in India, Release Date Tipped
The LG G6 sports a dual camera system on the rear with two 13 megapixel lenses and also comes with a 5 megapixel front shooter. It packs a 32GB USF 2.0 of internal storage and has a microSD card option as well for expansion of memory space to up to 2TB.

Champions League: Monaco Beat Borussia Dortmund Day After Bus Attack
Earlier, the prosecutor's office there was no evidence that the man had taken part in the attack in the western city of Dortmund. Klopp was manager of the German club from 2008 to 2015 and signed numerous players involved.

Grizzlies players pledge to collectively reimburse David Fizdale's fine
Tonight at 10 on WMC Action News 5, Coach Fizdale and the players talk about what's needed to make that game a Memphis victor . The series shifts to the FedExForum as the Memphis Grizzlies play host to the San Antonio Spurs in Game 3 on Thursday.

Zayn Malik Releases 'Still Got Time' Music Video
This is the first single from his second solo album, a follow-up to last year's Mind of Mine , and is due out later this summer. In the singer's latest music video, he puffs away onscreen with abandon while chaos spreads out around him.

Samsung's Galaxy S8 hits stores, aims to move on from recall crisis
Furthermore, under-the-hood specs also prove that Samsung Galaxy S8 and Galaxy S8 Plus are more than just pretty faces. Reports from South Korea say the displays show a distinctive red dim that users can tweak in the Settings menu.

Google to add ad-blocking feature to Chrome
The problem with Google's approach is that it would create a huge conflict of interest. So Chrome blocking ads could actually save the online ad community.