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Indiana Gas Tax Relief Funds Sent | Indianapolis News

Indiana Gas Tax Relief Funds Sent | Indianapolis News

Published 2 weeks, 5 days ago
Description

Indiana’s gas tax holiday just got a financial lifeline — Governor Mike Braun’s administration is sending $37 million to local governments to offset revenue lost from April 8 to May 31. This is part of a $121 million statewide transfer, funded by the state highway fund, with Indianapolis getting the biggest share at nearly $2.4 million. While the move highlights Indiana’s strong fiscal health and claims of the cheapest gas prices in the country, funding for June and early July remains unresolved — pending approval from the Board of Finance, with future payments due by November 1.

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