The joint subcommittee will receive the Structure & Transition and Stranded Costs task force reports at this meeting. These reports summarize and analyze the positions of stakeholders and interested parties who submitted plans and proposals to the task forces. Following each report's presentation, joint subcommittee members and representatives of stakeholders and interested parties whose plans were reviewed, will discuss the reports (and the issues they raise) in a roundtable format. Questions and comments from the audience will also be encouraged. It is anticipated that the task force chairmen will lead these discussions.

Senator Jack Reasor, the joint subcommittee's chairman, encourages all stakeholders and interested parties to attend this critical meeting. These reports-identifying (i) key restructuring structure, transition and stranded costs issues, and (ii) agreement and disagreement on such key issues-encompass a substantial portion of the restructuring debate in Virginia. A vigorous roundtable on these important issues is crucial to advancing the work of this joint subcommittee-particularly in separating those controversial issues that must be specifically resolved through legislation, from those that can be addressed by the SCC with the assistance of legislative guidelines.

Note: Representatives of stakeholders and interested parties who submitted plans or proposals to the task forces will be seated at tables opposite or adjacent to the joint subcommittee. Stakeholders and interested parties are requested to contact joint subcommittee staff as soon as possible to provide them with the names of their roundtable representatives for each report.

1. Call to order.

2. Comments by chairman and joint subcommittee members.

3. Updates: Taxation Task Force and Consumer, Environment and Education Task Force.

4. Report of the Structure and Transition Task Force.

• Senator Norment, Co-Chairman.
• Delegate Woodrum, Co-Chairman.
• Staff.

5. Discussion: joint subcommittee members and stakeholders/interested parties who submitted narrative proposals.

6. Questions and Comments from the floor.

7. Report of the Stranded Cost and Related Issues Task Force.

• Senator Watkins, Co-Chairman.
• Senator Holland, Co-Chairman.
• Staff.

8. Discussion: joint subcommittee members and stakeholders/interested parties who submitted stranded costs proposals.

9. Questions and Comments from the floor.

10. Discussion: Joint Subcommittee members.

11. Other business.

12. Establish date and agenda of next meeting.

13. Adjourn.

Members: Senator Jackson E. Reasor, Jr., Chairman Senator Richard J. Holland Senator Thomas K. Norment, Jr. Senator John C. Watkins Senator Kenneth W. Stolle Delegate Clifton A. Woodrum Delegate Kenneth R. Plum Delegate Jerrauld C. Jones Delegate Eric I. Cantor Delegate Harry J. Parrish Delegate Terry G. Kilgore

Staff: Division of Legislative Services Arlen K. Bolstad, Senior Attorney Robert A. Omberg, Staff Attorney Senate Committee Clerks Office Thomas C. Gilman, Coordinator, Committee Operations Patty Lung, Committee Operations

The joint subcommittee's web site is: http://dls.state.va.us/sjr91.htm
To assist us in providing Internet dissemination of materials, joint subcommittee and task force presenters are requested to submit written comments and handouts in electronic format (i) by e-mail to staff prior to meetings, or (ii) by diskette furnished to staff at meetings. Presenters are also requested to bring 50 copies of their remarks or handouts to meetings. These copies will be provided to joint subcommittee or task force members, and to the public. Staff e-mail addresses: abolstad@leg.state.va.us or romberg@leg.state.va.us.