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HR 2906 104th Congress House Energy Administrative fees Armed Forces and National Security Commerce Economics and Public Finance Energy policy Energy prices Energy transportation Gas storage Government Operations and Politics Helium Indexing (Economic policy) Law Natural gas reserves Oil and gas leases Privatization Public Lands and Natural Resources Strategic materials Surplus government property Transportation and Public Works

Helium Privatization Act of 1996

Introduced: January 30, 1996 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 5, 1996
For Further Action See H.R.3008.
Feb 5, 1996
Referred to the Subcommittee on Energy and Mineral Resources.
Jan 30, 1996
Referred to the House Committee on Resources.
Jan 30, 1996
Introduced in House
 Plain-English summary Congressional Research Service

Helium Privatization Act of 1996 - 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.

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. Requires the Secretary to make crude helium sales in amounts that will cause minimum market disruption. Mandates that proceeds from helium sales be paid to the Treasury.

Instructs the Secretary to eliminate helium stockpiles by a prescribed deadline. Repeals the Secretary's authority to borrow under the Helium Act.

What's happening now March 5, 1996

For Further Action See H.R.3008.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1