NGI The Weekly Gas Market Report / NGI All News Access

Restructuring Bill Put on Hold Until 1999

July 27, 1998
/ Print
| Share More
/ Text Size+

Restructuring Bill Put on Hold Until 1999

House leaders last week decided to call it quits on getting an electricity-restructuring legislation passed this session, according to Capitol Hill sources.

The decision reportedly was made last Tuesday during a conversation on the House floor between Rep. Thomas J. Bliley (R-VA), chairman of the Commerce Committee; Rep. Dan Schaefer (R-CO), chairman of the energy and power subcommittee; Rep. Rick White (R-WA) and other committee members.

"Unfortunately, a number of factors, including the calendar and a lack of support from the minority, have combined to make it highly unlikely your [Schaefer's] subcommittee will be able to hold a mark-up this year. Thus, I concur with your decision not to take that step this year," Bliley said in a letter to Schaefer on Wednesday.

Schaefer, who will be retiring at the end of the year, still has plans to hold hearings this session to address concerns of subcommittee members. "He wants to put all the ducks in a row this year so Congress can come out of the gate running next year" on electricity restructuring, said Luke Rose, Schaefer's press aide.

Susan Parker

©Copyright 1998 Intelligence Press, Inc. All rights reserved. The preceding news report may not be republished or redistributed in whole or in part without prior written consent of Intelligence Press, Inc.

ISSN © 2577-9877 | ISSN © 1532-1266
Comments powered by Disqus