Kokomo Tribune; Kokomo, Indiana

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April 4, 2013

State Senate budget includes partial tax cut, road money

Indianapolis — Senate Republicans are proposing a $30 billion budget that pays to expand Indiana's major highways and cuts the state's personal income tax $150 million annually.

Senate Republicans propose putting $200 million a year in a new transportation fund to pay for additional lanes on Interstate 70 and Interstate 65 across the state. It would also pay for the construction of the Indiana Commerce Connector highway.

House lawmakers approved a budget last month that took much of the state's surplus and used it to restore cuts in education and roads funding. But Gov. Mike Pence is campaigning hard to spend that money on a $500 million tax cut.

The Senate Appropriations Committee was set Thursday morning to sign off on the measure.

 

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