[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 655 Introduced in House (IH)]
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117th CONGRESS
1st Session
H. R. 655
To amend the Helium Act to ensure continued access to helium for
holders of Federal research grants, and for other purposes.
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IN THE HOUSE OF REPRESENTATIVES
February 1, 2021
Mr. Neguse introduced the following bill; which was referred to the
Committee on Natural Resources
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A BILL
To amend the Helium Act to ensure continued access to helium for
holders of Federal research grants, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Securing Helium for Science Act''.
SEC. 2. SALE OF CRUDE HELIUM.
(a) In General.--Section 6 of the Helium Act (50 U.S.C. 167d) is
amended--
(1) in subsection (d)--
(A) in paragraph (3), by striking ``(e)'' and
inserting ``(f)'';
(B) in paragraph (4), by striking ``(e)'' and
inserting ``(f)''; and
(C) by adding at the end the following:
``(5) Responsibilities of purchaser.--The Secretary may not
sell the Federal Helium Reserve unless the purchaser agrees to
be subject to the same requirements as the Secretary under
subsection (e), except that such requirements shall not
terminate until the end of the 8-year period described in
subsection (e)(1).'';
(2) by redesignating subsections (e) and (f) as subsections
(f) and (g), respectively; and
(3) by inserting the following after subsection (d):
``(e) Phase E: Continued Access for Researchers.--
``(1) In general.--Except as provided in paragraph (3),
during the 8-year period beginning on the earlier of September
30, 2022, or the date on which the Secretary ends sales of
helium under subsection (c), the Secretary shall offer crude
helium for sale to holders of a Federal research grant in
quantities not to exceed 30 million cubic feet of crude helium
annually, at such times and under such terms and conditions as
the Secretary determines appropriate.
``(2) Price.--
``(A) First year.--During the 1-year period
beginning on the date of the first sale of helium under
paragraph (1), the price of helium sold under such
paragraph shall be 5 percent higher than the price of
the most recent sale of helium under subsection (c).
``(B) Subsequent years.--The Secretary shall
increase the price of helium offered under this
paragraph by 5 percent in each subsequent year in which
sales occur under this subsection.
``(3) Termination.--The requirements of this subsection
shall not apply to the Secretary beginning on the date that a
purchaser of the Federal Helium Reserve that has agreed to be
subject to the requirements of this subsection assumes control
of such Federal Helium Reserve.''.
(b) Conforming Amendment.--Section 3(c) of the Helium Act (50
U.S.C. 167a(c)) is amended by striking ``6(e)'' and inserting ``6(f)''.
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