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Indiana News

Holcomb Signs Bill To Spend Money On College Buildings Over Teacher Pay

Lauren Chapman/IPB News

Gov. Eric Holcomb signed legislation Wednesday that spends $291 million to pay cash for higher education building projects.

It’s the first bill signed into law this year.

Indiana finished the last budget cycle with nearly $300 million more than it expected. Republicans this session decided to spend that money paying cash for higher ed capital projects they had already approved.

In a statement, Holcomb points out doing so – instead of bonding those projects – will save the state more than $135 million over the next 20 years.

But Democrats said for weeks the money should be spent on other priorities. Chief among them, they say, is teacher pay.

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