Repeals the Helium Act (an Act concerned mainly with the extraction and recovery of helium for national defense purposes).
Directs the Secretary of the Interior to sell or otherwise dispose of: (1) all facilities, equipment, and real or personal property held for activities under such Act; and (2) all helium reserves held by the United States other than those required for specific immediate needs. Requires sale proceeds to be used solely to reduce outstanding Federal debt.
Introduced in House
Introduced in House
Referred to the House Committee on Natural Resources.
Referred to the Subcommittee on Energy and Mineral Resources.
For Further Action See H.R.3967.
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