Husted Blinks: Agrees to Governors Electric Reregulation Language
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The Ohio House moments ago passed an amendment 92-0 to the Electric reregulation Bill that included language allowing for regulation of electricity based on "Excessive Earnings" language. Governor Ted Strickland had held his ground on the inclusion of that language to protect Ohio consumers.The House passed the legislation 93-1 with Rep. Okey recusing himself from the vote.
It heads to Senate session this afternoon and likely will not go to Conference Committee if the Senate concurs to the legislation. Given the inclusion of the Senate and House in the Governor's deliberation it likely will become law at the Senate's 1:30 session.
The session which began at 1 p.m. lasted until 1:16 p.m. - blink and it was over. And blink it was as Rep. Husted acquiesced to Gov. Strickland after a very tenuous previous 10 days of negotiating.
See Also: Husted Makes A Mess Out Of Proposed Energy Legislation
