Lawmakers reach tentative agreement on road-funding package

Indiana House Speaker Brian Bosma says legislative leaders have reached a tentative agreement on a road-funding package that will raise taxes.

But the Indianapolis Republican wouldn't say Wednesday what exactly it will entail.

Instead, Bosma said the deal hits the "sweet spot" of both chambers' priorities.

Republicans have agreed to hike taxes on gasoline and diesel, as well as imposing new vehicle fees.

A sticking point had been the House Republicans' desire to send revenue from the current sales tax on gas entirely to roads. Bosma said the Senate capitulated in its opposition to this provision. But a cigarette tax House Republicans wanted is dead for the session.

The two-year budget lawmakers are drafting hinges in part on details of the deal. The Legislature is expected to adjourn by Saturday.