Evansville, IN -- October 16, 2006 -- Richard Mourdock, Republican candidate for State Treasurer, announced his support today for a newly-proposed State Constitutional amendment guaranteeing that the Next Generation Trust money is dedicated solely to fund future transportation projects.

"I believe this amendment is the key to ensuring these funds will always be put to their intended use," said Mourdock. The State Treasurer's office is in charge of overseeing and investing the Trust Fund for the benefit of the state.

The Next Generation Trust is a $500 million fund established by the legislature as part of the Major Moves initiative. Current law allows the state to take interest from the fund every five years and deposit it into the Major Moves construction fund. The proposed amendment would require the General Assembly to use all such money for road and transportation projects only and could not be changed by statute.

"Experience has shown that unscrupulous politicians will often raid dedicated funds like this one to pay for their pet projects. This amendment is necessary to protect this money and ensure that it is used as intended-to fund our transportation infrastructure today and well into the future," said Mourdock.

Mourdock, 55, is a businessman and former County Commissioner from Evansville.

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