California Legislation - Windfall Profits & Market Manipulation

FYI. These bills are currently moving through the California Legislature. Not sure if the bills will be signed into law.

Please call with any questions. From my quick glance, only good news is that it appears that the Windfall Profits Tax would not apply to retail contracts in effect on date of enactment.

Jim

-----Original Message-----
From: "Scott Govenar" <sgovenar@govadv.com<@ENRON [mailto:IMCEANOTES-+22Scott+20Govenar+22+20+3Csgovenar+40govadv+2Ecom+3E+40ENRON@ENRON.com]
Sent: Wednesday, September 05, 2001 10:27 AM
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
Subject: Amended Legislation

Attached, please find links to the amended versions of ABX2 2 (windfall
profits tax) and ABX2 65 (market manipulation). The new version of SBX2 78
(MOU) should be available early tomorrow, however the amendments I faxed out
yesterday represent the only changes to the bill.

http://info.sen.ca.gov/pub/bill/asm/ab_0001-0050/abx2_2_bill_20010904_amende
d_asm.pdf

http://info.sen.ca.gov/pub/bill/asm/ab_0051-0100/abx2_65_bill_20010904_amend
ed_asm.pdf