FYI and comments that impact our gas pipeline industry.
 
Greek
-----Original Message-----
From: Gay H. Friedmann [mailto:gfriedmann@INGAA.org]
Sent: Tuesday, October 30, 2001 10:01 AM
To: Alvin J. Feist (E-mail); Cary Flynn (E-mail); Dana Cupit (E-mail); David Borcyk (E-mail); David L. Hendrix (E-mail); Dell Vassallo (E-mail); Edward R. Coats (E-mail); G. Stephen Arnold (E-mail); Gene Petru (E-mail); Greek L. Rice (E-mail); Jack Battin (E-mail); James Brossett (E-mail); Jim Evans (E-mail); John M. O'Brien (E-mail); John Mills (E-mail); Judy Vandagriff (E-mail); Kathy Murray (E-mail); Lloyd Borders (E-mail); Mont McNeil (E-mail); Morris Jackson (E-mail); Nancy Priemer (E-mail); Paul Newman (E-mail); Peter Cardone (E-mail); Robert D. Taylor (E-mail); Steven Wagner (E-mail); Theodore J. Vogel (E-mail); Winston DePass (E-mail)
Subject: EEI an economic Stimulus Package
Importance: High



As you know the House has passed their economic stimulus package.  This contains a deduction of 30% in the first year for property placed in service after September 10, 2001 and before December 31, 2004.  EEI convened a meeting late last week to see if other industries had a problem similar to theirs; i.e., that most of their property additions take a longer time to build.   They also would like to see repair and replacement of their property included as this also promotes jobs.

Enclosed is a proposed amendment by EEI along with a explanatory position paper. <<expensechanges to section 101.rtf>>   <<expensingcorrec2.DOC>> 

They want to know if other associations, such as INGAA, have a similar problem and would support such a change.  PLEASE LET ME KNOW PRIOR TO 12:30 PM ON THURSDAY IF YOU NEED THIS CHANGE.  I WILL BE ATTENDING A MEETING AT EEI.  THANKS.