State task force created to study road funding

(Photo: Pixabay)

(Statewide) – Trying to forecast what needs to be done with Indiana’s roads is going to cost Hoosiers again and again.

Indiana’s gas tax will continue to rise with inflation, up one penny a year, while key figures will gather for a long-term look at how the state will fund its roads as well as look at other components to travel such as electric vehicles and charging stations

The three-year extension of the annual tax hike, inserted into the state budget, comes alongside the newly-created “Funding Indiana’s Roads for a Stronger, Safer Tomorrow” Task Force.

It’s the first such task force since 2017.

That resulted in legislation raising the gas tax by 10 cents, indexing the tax to inflation with a cap of one penny, and directing revenue from a separate gas sales tax to a dedicated road improvement account rather than the state’s general fund.

A report is due to the legislature by January 1, 2024.

(Story by WRBI reporter Bill Remeika)