INDIANAPOLIS (WISH) — Gov. Mike Braun announced a continuation of Indiana’s gas tax suspension through Sept. 5, citing new global energy disruptions as the primary driver for rising fuel prices.
The governor said the statewide suspension will take effect Friday following the expiration of the current energy emergency. Braun attributed the price pressure to maritime conflict in the Black Sea and wildfires in Canada, stating that affordability remains his top priority.
Under the plan, the state will tap into its reserves — currently projected to exceed $5 billion — to ensure that Indiana Department of Transportation projects and local infrastructure remain fully funded through fiscal year 2027. Braun said he reached an agreement with House and Senate leadership to prioritize using these reserves to replace lost gas tax revenue during the 2027 budget session.
The governor plans to reevaluate the situation in 30 days to determine whether the suspension should be extended.
About The Author
You may also like
-
Carmel police shoot and injure man on US 31
-
Sheep wander highway following multi-vehicle crash on I-465
-
Reports: Jonathan Taylor signs two-year contract extension with Colts
-
Fever guard Sophie Cunningham speaks out on recent ‘distraction’
-
Noblesville teen dies after crashing into utility pole on 156th Street