COMMITTEE ON WAYS AND MEANS DAN ROSTENKOWSKI, Illinois, Chairman SAM M. GIBBONS, Florida CHARLES B. RANGEL, New York THOMAS J. DOWNEY, New York FRANK J. GUARINI, New Jersey ROBERT T. MATSUI, California BENJAMIN L. CARDIN, Maryland BILL ARCHER, Texas GUY VANDER JAGT, Michigan DICK SCHULZE, Pennsylvania BILL GRADISON, Ohio BILL THOMAS, California RAYMOND J. MCGRATH, New York ROD CHANDLER, Washington E. CLAY SHAW, JR., Florida DON SUNDQUIST, Tennessee CONTENTS Page Edison Electric Institute, Everett L. Morris and John D. McCallum Florida Progress Corp., St. Petersburg, FL, Larry J. Newsome. Interstate Natural Gas Association of America, G. Stephen Arnold.. McCallum, John D., Potomac Electric Power Co., Washington, DC, and the National Fuel Gas Distribution Corp., Buffalo, NY, H. Steven Wagner................ Newsome, Larry J., Florida Progress Corp., St. Petersburg, FL, and Diversi- Pennsylvania Gas Association, Harrisburg, PA, H. Steven Wagner Pennsylvania Office of Consumer Advocate, Irwin A. Popowsky..... Popowsky, Irwin A., Pennsylvania Office of Consumer Advocate, and National 155 Potomac Electric Power Co., Washington, DC, John D. McCallum 44 Public Service Electric & Gas Co., Newark, NJ, Everett L. Morris. 44 Rhodes, Hon. Joseph, Jr., Pennsylvania Public Utility Commission, and Na- 138 United States Telephone Association: Julie A. Dawson....... US West, Inc., Julie A. Dawson Utility Tax Group of Texas, James I. Warren Wagner, H. Steven, National Fuel Gas Distribution Corp., Buffalo, NY, Pennsylvania Gas Association, Harrisburg, PA, and American Gas Association..... Warren, James I., Utility Tax Group of Texas........ Wilson, Robert F., Pennsylvania Public Utility Commission.... Page 184 192 203 212 203 113 100 113 167 SUBMISSIONS FOR THE RECORD Air Transport Association of America, statement.. 224 226 CMS Energy Corp. and Consumers Power Co., Jackson, MI, Theodore J. 227 Coopers & Lybrand, Washington, DC, statement and attachment 231 242 ...... KPMG Peat Marwick, Richard C. Wakefield and Hernan Gonzalez, joint letter..... Deloitte & Touche, Washington, DC, Emil M. Sunley, statement................. Electricity Consumers Resource Council, Washington, DC, statement and attachment. 243 247 250 MacMaster, John P., American Bar Association, Section of Taxation, Committee on Regulated Public Utilities, statement.. 261 Pacificorp, Portland, OR, Daniel L. Spalding, letter............... 274 Price Waterhouse Public Utilities Industry Services Group, William H. 279 Telephone and Data Systems, Inc., Madison, WI, Gregory J. Wilkinson, letter.. 285 |