- Associated Press - Tuesday, February 2, 2016

INDIANAPOLIS (AP) - The Indiana House unanimously approved a bill that would distribute to local governments more than $500 million in income taxes that are currently held in reserve.

The bill by Rep. Todd Huston, a Fishers Republican, was approved Tuesday on a 97-0 vote. The Senate passed a similar measure. The Senate bill would also return local option income taxes held in state reserves, but also requires 75 percent of the money to be spent on road improvements.

Huston’s bill would not attach such requirements. But Huston says he still hopes the one-time distribution would be used to help pay for infrastructure.

The House proposal now heads to the Senate for consideration.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide