U.S. Senator Joe Donnelly renewed his call for bipartisan action on infrastructure, as President Trump announced his plan on Monday. Donnelly last week introduced bipartisan legislation to ensure that Indiana receives a fair share of federal highway funding. Currently, each state is guaranteed a return of at least 95% of its tax contributions to the Highway Trust Fund. Federal highway programs, however, are no longer exclusively funded by Highway Trust Fund contributions so the 95% guarantee only applies to a portion of the total expenditures. As a result, Indiana receives about 92% in return on its contributions to the Highway Trust Fund. Under this bill, Indiana would receive approximately $24.5 million a year more in federal highway funds.
February 14th, 2018|Local News|