UPDATED: Pence Signs Bill for Regional Development Program

INDIANAPOLIS (AP): Gov. Mike Pence has approved a new state grant program aimed at encouraging Indiana counties and cities to collaborate on regional development projects.
 
Pence signed the Regional Cities program bill during a meeting Wednesday afternoon of the Indiana Economic Development Corp. board.
 
Legislators included $84 million for the program over the next two years in the new state budget. Money for the initiative will come from a new state tax amnesty program allowing people and businesses who owe back taxes before 2013 to pay their bills without penalties.
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Some lawmakers hesitated to approve the Regional Cities program, saying its details weren't explained well.
 
Pence says the program will encourage long-term planning by regional groups.