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S. 738

Helium Act of 1995

Helium Act of 1995 - Amends the Helium Act to authorize the Secretary of the Interior to: (1) enter into agreements with private parties for the recovery and disposal of helium on Federal lands; (2) grant leasehold rights to such helium; (3) store and transport crude helium; and (4) maintain and operate existing crude helium storage at the Bureau of Mines Cliffside Field.

Directs the Secretary to: (1) cease producing, refining, and marketing refined helium; and (2) dispose of all facilities, equipment, and Federal property interests relating to refined helium activities.

Requires the Secretary to impose fees for helium storage, withdrawal, or transportation services.

(Sec. 4) Prescribes guidelines for: (1) the purchase of helium by Federal agencies from certain private persons; and (2) the sale of crude helium by the Secretary. States that such sales shall be in amounts as determined by the Secretary, in consultation with the helium industry, to cause minimum market disruption. Mandates that proceeds from helium sales be paid to the Treasury.

(Sec. 5) Instructs the Secretary to: (1) review annually known domestic helium reserves; and (2) eliminate helium stockpiles by a prescribed deadline.

(Sec. 6) Repeals the Secretary's authority to borrow under the Helium Act.

Committee on Energy and Natural Resources; Senate Subcommittee on Forests and Public Lands. Hearings held. Hearings printed: S.Hrg. 104-276.

Sen. Thomas, Craig [R-WY](R-WY)Sponsor
8 cosponsors1 D7 R
8cosponsors1committees5actions17subjects
  1. Committee

    Committee on Energy and Natural Resources; Senate Subcommittee on Forests and Public Lands. Hearings held. Hearings printed: S.Hrg. 104-276.

    Public Lands, Forests, and Mining Subcommittee
  2. Committee

    Referred to Subcommittee on Forests and Public Lands.

    Public Lands, Forests, and Mining Subcommittee
  3. IntroReferral

    Read twice and referred to the Committee on Energy and Natural Resources.

    Energy and Natural Resources Committee
  4. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR S5910)

  5. IntroReferral10000

    Introduced in Senate

Helium Act of 1995 — Informed