House of Representatives passes helium legislation designed to spur private production
H.R. 3279, the Helium Extraction Act, was introduced to the U.S. House of Representatives by Rep. Paul Cook (R-California) in July. Similar legislation, S. 1572, has been introduced in the U.S. Senate by Sen. Orrin Hatch (R-Utah).
On Nov. 1, The House brought up and passed H.R. 3279. There was overwhelming support with very little debate.
The purpose of these bills is to increase the domestic supply of helium by providing new incentives and new authority for helium gas exploration and drilling on federal lands.
Currently, all helium extraction from the Federal Helium Reserve is slated to end by September 30, 2021.
In July, the legislation was considered and formally approved and sent to the full House of Representatives for potential consideration and passage.
— From The Balloon Council