Agrinews » The “Build America Fund” would increase gas taxes for gasoline and diesel by 20 cents per gallon. The plan would phase in the tax increases, starting with a 5-cent increase and then moving to the full 20-cent increase by 2021 and continuing at 20 cents until 2027. The tax would be collected on motor fuel at the wholesale terminal rack, before the fuels reach the retail level. The American Trucking Association is promoting the tax increase as an alternative to increased tolling.
Indiana Public Media » The final leg of Interstate 69 from Martinsville to Indianapolis will cost nearly $1.6 billion. That’s according to the final environmental impact statement for I-69 Section 6 the state released Thursday. The analysis says construction could start in 2020 and wrap up within six years.
Indy Star » The House unanimously approved House Bill 1374 on Monday, which would require the Indiana Finance Authority to only choose companies that have completed similar projects in North America during the past two years, when entering into a public-private partnership. IFA is the state agency responsible for overseeing public-private partnerships, including the 21-mile stretch of I-69 from Bloomington to Martinsville.
Chicago Tribune » I-55 offers one of the worst commutes in the Midwest and sees 12 hours of daily congestion, with four crashes a day, according to the Illinois Department of Transportation. IDOT last year proposed a public-private partnership to add one express toll lane in each direction for the 25-mile stretch between I-355 and I-90/94. Now IDOT has upped the ante, proposing two new toll lanes in each direction from I-90/94 in the city to I-294, with one toll lane in each direction from I-294 to I-355.