2012 US Code
Title 50 - War and National Defense
Chapter 10 - HELIUM GAS (§§ 161 - 167n)
Section 167f - Elimination of stockpile
| Publication Title | United States Code, 2012 Edition, Title 50 - WAR AND NATIONAL DEFENSE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 50 - WAR AND NATIONAL DEFENSE CHAPTER 10 - HELIUM GAS Sec. 167f - Elimination of stockpile |
| Contains | section 167f |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Mar. 3, 1925, ch. 426, §8, as added Pub. L. 86-777, §2, Sept. 13, 1960, 74 Stat. 922; amended Pub. L. 104-273, §5, Oct. 9, 1996, 110 Stat. 3318. |
| Statutes at Large References | 74 Stat. 922 110 Stat. 3318 |
| Public Law References | Public Law 86-777, Public Law 104-273 |
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Not later than January 1, 2005, the Secretary shall commence offering for sale crude helium from helium reserves owned by the United States in such amounts as would be necessary to dispose of all such helium reserves in excess of 600,000,000 cubic feet on a straight-line basis between such date and January 1, 2015.
(2) Times of saleThe sales shall be at such times during each year and in such lots as the Secretary determines, in consultation with the helium industry, to be necessary to carry out this subsection with minimum market disruption.
(3) PriceThe price for all sales under paragraph (1), as determined by the Secretary in consultation with the helium industry, shall be such price as will ensure repayment of the amounts required to be repaid to the Treasury under section 167d(c) of this title.
(b) Discovery of additional reservesThe discovery of additional helium reserves shall not affect the duty of the Secretary to make sales of helium under subsection (a) of this section.
(Mar. 3, 1925, ch. 426, §8, as added Pub. L. 86–777, §2, Sept. 13, 1960, 74 Stat. 922; amended Pub. L. 104–273, §5, Oct. 9, 1996, 110 Stat. 3318.)
Amendments1996—Pub. L. 104–273 amended section generally. Prior to amendment, section related to condemnation proceedings under Federal helium refining program.
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