Lawmakers face another day
The House also approved a controversial compromise energy bill Friday afternoon, but it may well face a veto by the governor. Although the bill won easily in the House - it was approved by a vote of 85-61 - mustering the two-thirds support to override that veto would seem unlikely. In fact, some lawmakers said they might not return during the summer to attempt to override that veto, and instead take the matter up when they return for the regular session in January.
The compromise bill agreed to by the House and Senate would impose roughly $25 million in additional power generation taxes on Entergy Nuclear, the parent company of Vermont Yankee nuclear plant, between now and 2012. Future wind power projects would be taxed at a similar per-kilowatt rate, instead of regular state property taxes, a measure which wind power developers requested to provide a predictable tax rate.
May 12, 2007
by Louis Porter Vermont Press Bureau
in Times Argus
MONTPELIER - One more day - at least.
Legislators and administration officials got much closer to resolving the remaining major issues in this year's lawmaking session Friday, but not close enough.
By evening it was clear that they would return to the Statehouse today - and there was some fear their work might even extend into early next week.
Several major pieces of legislation were still being worked on. The House and Senate members of a joint committee continued to work on the state transportation budget, and administration officials and lawmakers continued to work on a plan to control education spending increases in... [continue via Web link]