Moed supports bill to provide significant road funding increase to Indy

Today, Feb. 20,  House Bill 1461 passed a vote in the House chamber and heads to the Senate for consideration. The bill was successfully amended to include a provision that provides an additional $50 million to Marion County for secondary streets if the city matches the allocation from local funds. The bill also creates a new funding formula for local governments based on total lane mileage, resulting in more funding coming to Indianapolis. 

State Rep. Justin Moed (D-Indianapolis) has been a long-time advocate for improving Indiana’s road funding formula. For the past five years, Moed has filed a bill to significantly increase road funding for Marion County. This session he filed HB 1085 which contains language similar to HB 1461.  

Moed released the following statement: 

“After years of advocating for a change to our road funding formula, we’ve finally made significant headway. Our current system is imbalanced for high-population centers like Indianapolis. It doesn’t consider how many lanes or how busy a road is to decide the amount a local government needs, leaving our city short-changed in funding.  

“I applaud Speaker Huston and Rep. Pressel for working with a bipartisan group of mayors and representatives from Central Indiana to help bring more fairness to the way our state funds local roads. If HB 1461 becomes law, cities will be better funded to maintain and repair neighborhood streets."