That's the best and most accurate description I've heard yet.
Best,
Jeff



	Vicki Sharp@EES
	07/24/2001 11:15 AM
		
		 To: Jeff Dasovich/Na/Enron@ENRON
		 cc: 
		 Subject: Re: California Update--07.24.01

Unbelievable. 


From: Jeff Dasovich@ENRON on 07/24/2001 11:02 AM
Sent by: Jeff Dasovich@ENRON
To: David W Delainey/HOU/EES@EES, Janet R Dietrich/HOU/EES@EES, Marty 
Sunde/HOU/EES@EES, Dan Leff/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Jeremy 
Blachman/HOU/EES@EES, Scott Gahn/HOU/EES@EES, Evan Hughes/HOU/EES@EES, Tim 
Belden/ENRON@enronXgate, Jeff Richter/ENRON@enronXgate, Stephen 
Swain/ENRON@enronXgate, Jeff Dasovich/NA/Enron@Enron, skean@enron.com, Susan 
J Mara/NA/Enron@ENRON, Paul Kaufman/Enron@EnronXGate, Linda 
Robertson/NA/Enron@ENRON, Susan M Landwehr/Enron@EnronXGate, Harry 
Kingerski/Enron@EnronXGate, Michael Tribolet/ENRON@enronXgate, Kristin 
Walsh/Enron@EnronXGate, Richard Shapiro/Enron@EnronXGate, skean@enron.com, 
Louise Kitchen/Enron@EnronXGate, John J Lavorato/Enron@EnronXGate, 
Christopher F Calger/Enron@EnronXGate, Lisa Mellencamp/Enron@EnronXGate
cc:  
Subject: California Update--07.24.01

The Assembly passed the budget late last night.
The Assembly recessed without passing out any energy bill.
There is some talk of a working group being convened beginning next week 
comprised of Legislative staff and industry to continue to try to work out a 
deal.
For now, however, the free world is safe from the CA Assembly and the 
Senate--they've left and all Legislative activity is on hold until the 20th 
of August, unless leadership, or the Governor tries to bring them back early.
The activity now moves to the PUC.

Best,
Jeff