Holcomb plans to pitch inflation relief after May revenue numbers come in

The Indiana Statehouse, from the southwest corner.
Lauren Chapman
/
IPB News
With just two months left in the current fiscal year, Indiana is on pace for budget reserves that could top $6 billion.

Gov. Eric Holcomb said he agrees with legislative leaders who are reluctant to pause the state’s gas tax. But he said he’s planning on working with the General Assembly on inflation relief for Hoosiers.

Republican legislative leaders have been consistently against using the state’s budget surplus on temporarily halting Indiana’s gas tax. For every gallon Hoosiers spend at the pump, 32 cents goes back to the state.

And with just two months left in the current fiscal year, Indiana is on pace for budget reserves that could top $6 billion.

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Holcomb said he wants to see the state’s revenue report for May, and then send a plan to the General Assembly.

“I want to make sure the relief gets exactly to Hoosiers who are feeling the sting of this national inflation,” he said.

The governor said that could mean a special session for lawmakers to pass that relief. He anticipates that plan will go to lawmakers in early June.

Contact Lauren at lchapman@wfyi.org or follow her on Twitter at @laurenechapman_.

Lauren is the digital editor for our statewide collaboration, and is based in Indianapolis at WFYI. Since starting for IPB News in 2016, she's covered everything from protests and COVID-19 to esports and policy. She's a proud Ball State University alumna and grew up on the west side of Indianapolis.