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Enzi, Senate pass energy bill that benefits Wyoming

Conference committee with House version is next step

June 28, 2005

Washington, D.C. – U.S. Senator Mike Enzi, R-Wyo., voted in favor of a comprehensive bipartisan energy package that would provide a plan for domestic energy production, conservation and efficiency.

“A large number of Wyoming citizens work in the energy industry and every person in the country benefits from the energy found in our state. This bill recognizes Wyoming’s important role in bringing energy to the rest of the nation and I look forward to working with my colleagues to move this bill through the remainder of the legislative process,” said Enzi. “This energy bill provides a blueprint for the future of energy production in our nation. At the same time, it addresses our nation’s energy needs of today.”

The Senate energy bill passed by a vote of 85-12 and would provide a comprehensive national energy policy with the goal of expanding domestic energy production, increasing conservation and efficiency efforts while decreasing dependence on foreign oil. It would also repeal the Public Utility Holding Company Act of 1935 to increase investment in electricity transmission and generation.

Enzi worked to include several provisions that would specifically benefit Wyoming. One provision would allow oil refineries to expense machinery from their taxes. Another provision allows some leaseholders to recover leases that were terminated when computer problems at the Department of the Interior prevented the Department from sending yearly rental notices. The bill would also help the Shoshone and Arapaho tribes to develop their own energy resources through grants and technical assistance.

The bill will now go to a conference committee that will reconcile differences between the House and Senate energy bills. The House passed its version of the energy bill by a vote of 249-183 on April 21.