Transportation funding bill nears final vote

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Final lawmaker negotiations on a bill to release $200 million in transportation funding this year are set to begin.

Gov. Mike Pence requested twice that amount to be released this year, but state senators slashed the proposal because of budget concerns.

The money would come from a savings fund created last year. The state originally planned to set aside $200 million each year until 2020 for use on major highway projects.

Senate President Pro Tem David Long says there's a chance negotiations scheduled to begin Monday might lead to more funding available this year.

If the House and Senate agree on changes to the bill, it would go to the governor for final approval.

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