Message-ID: <17288139.1075851586890.JavaMail.evans@thyme> Date: Thu, 30 Aug 2001 10:03:45 -0700 (PDT) From: sgovenar@govadv.com To: ban.sharma@enron.com, david.leboe@enron.com, letke.eric@enron.com, jennifer.thome@enron.com, smith.ken@enron.com, hansen.bev@enron.com, govenar.hedy@enron.com, miyung.buster@enron.com, janel.guerrero@enron.com, frank.robert@enron.com, day.mike@enron.com, leslie.lawner@enron.com, harry.kingerski@enron.com, denne.karen@enron.com, j..kean@enron.com, comnes.alan@enron.com, mara.susan@enron.com, paul.kaufman@enron.com, dasovich.jeff@enron.com, d..steffes@enron.com, shapiro.rick@enron.com Subject: Legislative Update Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Scott Govenar X-To: Sharma, Ban , Leboe, David , Eric Letke , Thome, Jennifer , Ken Smith , Bev Hansen , Hedy Govenar , Buster, Miyung , Guerrero, Janel , Robert Frank , Mike Day , Lawner, Leslie , Kingerski, Harry , Karen Denne , Kean, Steven J. , Alan Comnes , Susan J Mara , Kaufman, Paul , Jeff Dasovich , Steffes, James D. , Rick Shapiro X-cc: X-bcc: X-Folder: \Dasovich, Jeff (Non-Privileged)\Dasovich, Jeff\Deleted Items X-Origin: DASOVICH-J X-FileName: Dasovich, Jeff (Non-Privileged).pst The Assembly Appropriations Committee is scheduled to meet tomorrow to take up SBX2 78. The bill may be taken up by the full Assembly after that, however, that decision has not been made because several Legislators have indicated that they may not be in Sacramento tomorrow. The Assembly Revenue and Taxation Committee is going to meet sometime today off the floor to take up SBX2 1 (Soto/Scott) which would establish a windfall profits tax. Additional amendments will be taken that will make the tax effective on January 1, 2002, define exempt wholesale generator, marketer, broker, and aggregator, by referencing their PUC definitions, and exempt QFs. The Assembly Energy, Costs and Availability Committee will meet upon adjournment of session today to take up SBX2 39, which would give the CPUC regulatory authority over non-IOU generation facilities, for reconsideration. The bill failed passage during its prior hearing. The Assembly Energy, Costs and Availability Committee is scheduled to take up the following bills on September 4 at 1:30 p.m.: SBX2 85 (Burton) - This bill would prevent the CPUC, upon termination of the 10 percent rate reduction for residential and small commercial customers set forth in subdivision (a) of Section 368, from subjecting those residential and small commercial customers to any rate increases or future rate obligations solely as a result of the termination of the 10 percent rate reduction. SBX2 18 (Burton) - This bill would establish a dedicated rate component.