Message-ID: <22214989.1075859671358.JavaMail.evans@thyme> Date: Wed, 13 Dec 2000 10:33:00 -0800 (PST) From: chris.long@enron.com To: mark.haedicke@enron.com, mark.taylor@enron.com, richard.shapiro@enron.com, linda.robertson@enron.com, cynthia.sandherr@enron.com, tom.briggs@enron.com, joe.hillings@enron.com Subject: CEA Legislation Cc: lisa.yoho@enron.com, raislerk@sullcrom.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: lisa.yoho@enron.com, raislerk@sullcrom.com X-From: Chris Long X-To: Mark E Haedicke, Mark Taylor, Richard Shapiro, Linda Robertson, Cynthia Sandherr, Tom Briggs, Joe Hillings X-cc: Lisa Yoho, raislerk@sullcrom.com X-bcc: X-Folder: \Mark_Haedicke_Dec2000_1\Notes Folders\All documents X-Origin: Haedicke-M X-FileName: mhaedic.nsf I just came from the House Ag. Committee where the interested parties have congregated throughout the negotiations today. Title I and Titles II are closed, which include the energy/metals exemption language. Tom Briggs and I have reviewed the latest draft (minus any changes made in pen by the staff) and the language critical to Enron titled "Legal Certainty for Certian Transaction in Exempt Commodities" is identical to that passed out of the House. This is satisfactory to us. We hope and expect (Speaker Hastert has commited to doing so) to have this included in the final end of the year omnibus appropriations legislation. Congress will likely vote on this legislative package on Friday. This could all come unraveled at this late date, but we are cautiously optomistic (George W's words yesterday afternoon...so maybe a good omen). Chris and Tom ----- Forwarded by Chris Long/Corp/Enron on 12/13/2000 05:58 PM ----- Stacy Carey 12/13/2000 01:15 PM To: US REGULATORY COMMITTEE cc: Subject: CEA Legislation Negotiations between Treasury Department and Senator Gramm last evening and this morning resulted in substantial progress on the CEA legislation. However, certain drafting issues remain open and final sign-off by all parties has not been obtained. In a conference call this morning the Treasury Department cautioned that there are open points on almost every title but that progress had been achieved. Draft language is currently circulating between Senator Gramm, Treasury Department and the House Agriculture Committee. All parties are working to achieve final language as soon as possible this afternoon in order for the final CEA package to be attached to a final spending package which is likely to be considered by Congress tomorrow. Please call (917)543-9622 if you have any questions or if you would like to discuss further. Stacy