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H.R. 873 104th Congress House

Helium Privatization Act of 1995

Official title: To amend the Helium Act to require the Secretary of the Interior to sell Federal real and personal property held in connection with activities carried out under the Helium Act, and for other purposes.

Introduced: February 9, 1995 See on congress.gov
Energy Administrative feesArmed Forces and National SecurityAuditingCommerce
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Economics and Public FinanceEnergy policyEnergy pricesEnergy transportationFinance and Financial SectorFinancial statementsGas storageGovernment Operations and PoliticsGovernment paperworkGovernment propertyHeliumLand transfersLawNatural gas reservesOil and gas leasesPrivatizationPublic Lands and Natural ResourcesStrategic materialsSurplus government propertyTransportation and Public Works
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 5, 1996
For Further Action See H.R.3008.
Jun 22, 1995
Subcommittee Hearings Held.
Feb 13, 1995
Executive Comment Requested from Interior.
Feb 13, 1995
Referred to the Subcommittee on Energy and Mineral Resources.
Feb 9, 1995
Referred to the House Committee on Resources.
Feb 9, 1995
Introduced in House
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 Latest action March 5, 1996

For Further Action See H.R.3008.

 Plain-English summary Congressional Research Service

Helium Privatization 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.

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. Prohibits the Secretary from making crude helium sales in amounts that will disrupt the crude helium market price. 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.

Directs the Inspector General of the Department of the Interior to prepare certain annual financial statements for the Helium Operations of the Bureau of Mines.

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 873: Helium Privatization Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-873/
MLA
"H.R. 873: Helium Privatization Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-873/.
Bluebook (legal)
H.R. 873, 104th Cong. (2026), https://openamerica.io/bill/104-HR-873/.
Markdown link
[H.R. 873: Helium Privatization Act of 1995](https://openamerica.io/bill/104-HR-873/)
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