(AP) Indiana Governor signs road plan which includes a rise in gas taxes

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It’s official now: Governor Holcomb has signed a long-term road funding plan into law:

With dozens of Republican legislators looking on, Holcomb proclaimed the plan earmarking new gas taxes and B-M-V fees for roads gives Indiana a financial and infrastructure advantage few states can match. He notes the bill is projected to pay for road projects for twice as long as even Governor Mitch Daniels’ landmark

Holcomb also signed the new two-year state budget, and says the spending plan represents a parallel step toward the same goal. He notes the plan includes incentive money he requested to persuade airlines to begin direct flights from Indy to London, and from smaller Indiana airports to key business destinations.

A 10-cent gas tax increase takes effect July 1, the first day of Indiana’s fiscal year. Holcomb declares roadwork will begin the same day.

New fees to register your vehicle at the B-M-V won’t kick in until January.