Braun Issues Fourth Gas Tax Holiday Reimbursement as Suspension Continues

More Local Reimbursements Approved

(Statewide) – Indiana counties, cities and towns will continue to receive roadway funding after the State Board of Finance approved the next round of gas tax holiday reimbursements on Tuesday. This is the fourth reimbursement since the holiday began. The approval covers August 1-31. A total of $102,990,085.62 will be reimbursed to the Motor Vehicle Highway Fund (MVH), the Local Road and Street Fund (LRS), and the Local Road and Bridge Matching Fund. Of this amount, local units of government will receive $19,129,920.09. “Hoosiers deserve relief at the pump without sacrificing the roads and bridges our communities depend on,” said Governor Mike Braun. “My gas tax holiday has kept Indiana gas prices the lowest in the nation while ensuring counties, cities and towns receive the funding they need to maintain and improve local infrastructure. We’re putting money back in Hoosiers’ pockets while making sure our communities have the resources to keep Indiana moving.” The board also approved the annual transfer of the first $70 million in Gasoline Excise Tax collections to the State Highway Road Construction and Improvement Fund (SHRCIF). This statutory transfer is based on fuel‑tax revenue collected by the State in July and normally shows up as an adjustment in August local distributions. Because the Gas Tax Holiday delayed the July revenue, this year’s adjustment is appearing later than usual. The transfer does not reduce the amount owed to local units for the suspension. However, it will appear in this month’s distribution, and local units will see a one-time dip in their MVH and LRS amounts. It is the same adjustment that occurs every August, shifted by the holiday. The State Comptroller’s Office has begun processing payments. Officials say counties, cities and towns should receive reimbursements within two to three business days.

Braun: State Approves 4th Gas Tax Holiday Reimbursement

INDIANAPOLIS — The State Board of Finance approved nearly $103 million in state reimbursements Tuesday to cover roadway funding during Indiana Gov. Mike Braun’s gas tax holiday. It marks the fourth reimbursement since the suspension began. The approved funds cover the month of August, reimbursing the Motor Vehicle Highway Fund, the Local Road and Street […]

Indiana approves $19.1 million for local road funding

INDIANAPOLIS —  Indiana counties, cities and towns will receive $19.1 million in local road funding after the State Board of Finance approved the fourth reimbursement tied to Gov. Mike Braun’s gas tax holiday. The approval covers Aug. 1-31. The state will reimburse $102,990,086 to the Motor Vehicle Highway Fund, the Local Road and Street Fund, […]

Gov. Braun announces next round of Indiana gas tax holiday reimbursement

ABC57 News in South Bend, Ind. covers all of Michiana including St. Joseph, Elkhart, Kosciusko, LaPorte and Marshall counties in Indiana and Berrien, Cass, Van Buren and St. Joseph counties in Mich.

Braun issues fourth gas tax holiday reimbursement as suspension continues

The reimbursement covers the holiday period between Aug. 1-31.

Gov Braun Ensures $19.1M for Local Road Funding, State Board of Finance Advances Fourth Gas Tax Holiday Reimbursement

Indiana counties, cities and towns will continue to receive roadway funding under Gov. Mike Braun's Gas Tax Holiday after the State Board of Finance approved the next round of reimbursements today.