HR 3877 · 97th Congress · Energy

Helium Energy Act of 1980

Introduced 1981-06-10· Sponsored by Rep. Swift, Al [D-WA-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Subcommittee Hearings Held.(1981-06-18)

Plain Language Summary

[AI summary unavailable — showing source text] Helium-Energy Act of 1980 - Title I: Helium-Energy Provisions - Amends the Energy Policy and Conservation Act to direct the Secretary of Energy to establish a National Helium Reserve for the storage of helium to assure that adequate supplies of helium are available for future energy and conservation purposes. Provides that the Reserve shall consist of: (1) helium owned by the United States prior to enactment; (2) helium purchased by the Secretary at not more than one dollar per thousand cubic feet and with a right to repurchase from the Reserve the quantity extracted in plants owned or operated by the Secretary; and (3) helium acquired by the Secretary pursuant to the Secretary's authority under this Act to acquire helium in the event that storage goals for the reserve are not met. Directs the Secretary to attempt to enter into an agreement with the owner of any helium extraction plant the operation of which is economically feasible to: (1) operate the plant and sell the helium to the Secretary; or (2) permit the Secretary to operate the plant, provided the owner is reasonably and justly compensated. Directs the Secretary to acquire a helium extraction plant by eminent domain if th…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

3 Democrats1 Republican