July 17,2000

Taxation Subcommittee to Hold Hearing on Transportation Energy

WASHINGTON -- Senate Finance Committee Chairman William V. Roth, Jr. (R-DE) today announced that the Subcommittee on Taxation and IRS Oversight, under the chairmanship of Senator Orrin G. Hatch (R-UT), will meet on Tuesday, July 18, 2000, at 10:00 a.m. in 215 Dirksen Senate Office Building to hear testimony on federal income tax issues relating to proposals to lower U.S. dependency on foreign oil used in transportation fuels. The Subcommittee will review a variety of legislative proposals including tax incentives to promote the use of alternative fuel vehicles and to increase domestic oil production.

The following witnesses are expected to appear before the Subcommittee:

I. A panel consisting of:

The Honorable Jeff Groscost, Speaker of the Arizona House of Representatives, Phoenix, Arizona

Richard Kolodziej, President, Natural Gas Vehicle Coalition, Washington, D.C.

William L. Ball, Director - Strategic Planning, General Motors Advanced Technology Vehicles, representing the Electric Vehicle Association of the Americas, Detroit, Michigan

Michelle Robinson, Senior Transportation Advocate, Union of Concerned Scientists, Washington, D.C.

Beverly Miller, Director, Salt Lake Clean Cities Coalition, Salt Lake City, Utah

II. A panel consisting of:

A. Shawn Noonan, General Tax Counsel, Vastar Resources Inc., representing the Domestic Petroleum Council, Houston, Texas

Anna Aurilio, Legislative Director, U.S. Public Interest Research Group, Washington, D.C.

Red Cavaney, President and CEO, American Petroleum Institute, Washington, D.C.

J. Andrew Hoerner, Director of Research, Center for a Sustainable Economy, Washington, D.C.

John Swords, Partner, PricewaterhouseCoopers, representing the Independent Petroleum Association of America, Dallas, Texas