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Government Affairs Albany Update

February 22, 2002

Legislative Committees Week of February 25

The Legislature will be returning to town on Monday, February 25. There will be a number of public officials appearing before Senate and Assembly Committees, including:

Last Chance to Comment on State Energy Plan

The State Energy Planning Board is nearing the end of their scheduled hearings. The Board has already had six hearings in upstate and Western New York. The State Energy Planning Board is comprised of the departments of Public Service, Environmental Conservation, Economic Development, Transportation and the Energy Research and Development Authority (NYSERDA). The Board is chaired by the President of NYSERDA. The hearings are designed to provide public input on the draft State Energy Plan (SEP) that was released in late December 2001. The State Energy Plan must be updated every four years according to the State's Energy Law. The plan serves as a guide and broad policy document in regards to energy needs and forecasts.

Interested members are strongly encouraged to submit comments on the SEP. In June 2001, The Business Council submitted 10 recommendations for inclusion in the draft SEP. The Business Council is currently compiling comments for the SEP public hearing to be held in Albany on March 5th. This is the last opportunity for input on the final SEP. Interested members can access these recommendation on The Business Council's Energy page at:
A copy of the draft SEP can be accessed on the NYSERDA web page at:

In addition, on February 25th at 1:30 p.m., The Business Council's Energy Committee will be addressed by Mr. William Flynn, Chairman of the State Energy Planning Board. Mr. Flynn will outline the progress to date on the SEP and the information being presented at the hearings held around the state.

The last three hearings are as follows:

February 26, 2002 / Sessions at 10 a.m. and 2 p.m.
W Hotel at Times Square
1567 Broadway at 47th Street, New York, NY 10036

February 27, 2002 / Sessions at 10 a.m. and 2 p.m.
Brooklyn Museum of Art
200 Eastern Parkway, Brooklyn, NY 11238

March 5, 2002 / Sessions at 9 a.m. and 1 p.m.
Department of Environmental Conservation
Public Assembly Room, 625 Broadway, Albany, NY 12233

Post Enron Audit Legislation in NYS

Please review the summary of the various legislative initiatives which are being actively considered by the New York State legislature. These initiatives would affect existing relationships of publicly traded corporations with their auditing and accounting firms. Your response would be appreciated.