Holcomb announces $1 billion infrastructure spending plan

Governor Eric Holcomb plans to pump an additional $1 billion into infrastructure projects across Indiana and the list includes improvements on U.S. Routes 20, 30 and 31 and eliminating of most of U.S. 31’s stoplights between South Bend and Indianapolis.

Holcomb said that the money will come from a renegotiated agreement with the company that operates the Indiana Toll Road. Under the new terms, additional fees will be tacked onto heavy-duty vehicles that have three or more axles.

Holcomb stressed that the new fees will not be charged to drivers of passenger cars.

About $600 million will go toward speeding up completion of Interstate 69.

Additional money will be used to boost broadband access in rural areas and improve Indiana’s hiking trails and bike lanes.