Indiana Road Building Plan Coming Up for Vote

March 13, 2006


Indiana lawmakers appear to have reached a tentative compromise on Gov. Mitch's Daniel's proposal to lease the Indiana Toll Road.

A vote on Daniels' so called Major Moves road-building plan is expected to come sometime tomorrow, the last day of the session.

Lawmakers reached a compromise today after spending days in negotiations.

If approved, the legislation will be forwarded to the governor for consideration. If a deal is not reached, the governor could call lawmakers back for a special session.

At stake is nearly $4 billion in highway improvement money, including $100 million over the next 10 years for northwest Indiana.

Under the lease agreement, a private consortium led by foreign investors is offering immediate payment of $3.85 billion to operate the toll road for the next 75 years.

Daniels wants to use that money to pay for road projects around the state.

Democrats have largely come out against the plan, citing concerns over leasing the road to foreign entities.

Lawmakers are agreeing to several contentious points contained in the proposal, including changing the route for a new toll road between Indianapolis and Evansville.