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H.R. 2187 (103rd): Helium Act Amendments of 1993

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on May 19, 1993.

Helium Act Amendments of 1993 - Amends the Helium Act to: (1) delete a provision limiting the authority of the Secretary of the Interior to contract for the acquisition and storage of helium and helium-bearing natural gas; (2) delete a provision guaranteeing that the Secretary receive the lowest purchase price for helium from private plants; (3) replace the Atomic Energy Commission with the Department of Energy and the National Aeronautics and Space Administration as purchasers from the Secretary of the major Federal requirements of helium; (4) delete provisions concerning helium sale interest rate determinations and prices of helium sold for medical purposes; and (5) direct the Secretary of the Treasury to cancel certain accrued and unpaid interest, and certain principal, of the helium production fund incurred prior to the date of enactment of this Act.