CHAIRMAN DOMENICI ANNOUNCES PLANS TO REMOVE MTBE SAFE HARBOR PROVISION FROM LEANER ENERGY BILL
Cost reduction will avoid most, but not all, budget points of order
February 3, 2004
12:00 AM
Washington, D.C. - Senate Energy & Natural Resources Chairman Pete V.
Domenici announced plans today to strip the MTBE safe harbor provision from
a leaner energy bill before offering it on the floor later this month as an
amendment to a larger bill.
"I have informed Chairman Tauzin and House leadership of my intentions. They
aren't particularly happy about it, but I believe stripping MTBE out is
necessary to get this bill through the Senate," Chairman Domenici said.
Domenici outlined plans to reduce the overall cost of the bill before
sending it to the floor this month. Most of the cuts will come from tax
incentives, he said. Those are the bulk of the provisions that score under
Congressional Budget Office guidelines.
However, a budget point of order is unavoidable on the electricity
reliability provision.
"The energy bill's allocation for FY04 is zero, but Congress must take some
action to this year to address electricity," Chairman Domenici said. "On
this vital issue, a budget point of order is inevitable. However, the cost
of this provision will be completely offset by fees charged to power
companies to implement the program. However, for technical reasons, the
provision will still be subject to a point of order.
With that exception, the leaner bill, to be offered as an amendment, will be
within the allocation provided for the energy bill, Domenici said.