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Enron Mail |
SBX2 1 (Soto/Scott) will be amended in committee today. Although specific
amendments are not yet available, there will be a provision added to the bill which will give the CPUC the authority to review generator and marketer transaction records for the purpose of determining a base price. This amendment was requested by Loretta Lynch. The analysis will point out several concerns raised by the Franchise Tax Board, including the lack of definitions and lack of clarity of the bill in terms of implementation. It will also point out issues raised by Enron and other opponents including the nexus problem, potential constitutional problems including violations of the due process and commerce clauses, as well as a de facto price cap.
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