INDOT announces second Gas Tax Holiday Reimbursement Distribution has been approved
MGN INDIANAPOLIS -- The Indiana Department of Transportation reports the State Board of Finance approved the second round of reimbursements related to Gov. Mike Braun’s temporary Gas Tax Holiday.
Following the approval, the Indiana State Comptroller’s Office began processing payments to counties, cities and towns, restoring roadway‑funding revenues for the additional days included in this reimbursement window.
State officials say a total of $130,450,219.59 for the suspension from June 1 to 30 will be reimbursed to the Motor Vehicle Highway Fund, the Local Road and Street Fund, and the Local Road and Bridge Matching Fund.
Officials say this breaks down to local units of government receiving $43,805,267.02. You can view the amount each local unit will receive online.
“Our office is committed to processing these reimbursements quickly and with accuracy,” said Comptroller Elise Nieshalla. “This second distribution reflects the additional days included in the reimbursement window, providing local governments with the full roadway funding they would have collected during that time.”
Local government partners are expected to receive reimbursements within 2-3 days of processing.
Officials say other statutory MVH and LRS revenue streams will remain on normal schedules.
“The Board remains committed to good fiscal stewardship and is focused on providing careful oversight as each transfer request is brought forward,” said State Budget Director Chad Ranney. “Our approval today ensures local road funding for this specific period will be distributed to local units of government both accurately and promptly.”