ABX2 2 - Windfall Profits

ABX2 2 (Corbett) was just heard by the Assembly Appropriations
Committee. The bill was placed on the Suspense File which is reserved
for bills with a projected fiscal impact in excess of $150,000. Bills
on the Suspense File are, for all intensive purposes, debated in
private, then voted on in a public hearing. The Suspense File will be
taken up on May 31. The following amendments are being considered by
Assembly Member Corbett:

Exempt co-generation
Exempt new power plants
Exempt existing long term contracts
Raise the price to $100 versus $60