Page:United States Statutes at Large Volume 110 Part 5.djvu/243

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PUBLIC LAW 104-273—OCT. 9, 1996 110 STAT. 3317 on the date of the enactment of the Hehum Privatization Act of 1996 shall remain in force and effect until the date on which the refining operations cease, as described in subsection (b). "(2) COSTS.— Any costs associated with the termination of contracts described in paragraph (1) shall be paid from the helium production fund established under section 6(f). "SEC. 5. FEES FOR STORAGE, TRANSPORTATION AND WITHDRAWAL. "(a) IN GENERAL. — Whenever the Secretary provides helium storage withdrawal or transportation services to any person, the Secretary shall impose a fee on the person to reimburse the Secretary for the full costs of providing such storage, transportation, and withdrawal. "(b) TREATMENT. —All fees received by the Secretary under subsection (a) shall be treated as moneys received under this Act for purposes of section 6(f).". SEC. 4. SALE OF CRUDE HELIUM. (a) Subsection 6(a) is amended by striking "from the Secretary" 50 USC I67d. and inserting "from persons who have entered into enforceable contracts to purchase an equivalent amount of crude helium from the Secretary". (b) Subsection 6(b) is amended— (1) by inserting "crude" before "helium"; and (2) by adding the following at the end: "Except as may be required by reason of subsection (a), sales of crude helium under this section shall be in amounts as the Secretary determines, in consultation with the helium industry, necessary to carry out this subsection with minimum market disruption.". (c) Subsection 6(c) is amended— (1) by inserting "crude" after "Sales of; and (2) by striking "together with interest as provided in this subsection" and all that follows through the end of the subsection and inserting "all funds required to be repaid to the United States as of October 1, 1995 under this section (referred to in this subsection as 'repayable amounts'). The price at which crude helium is sold by the Secretary shall not be less than the amount determined by the Secretary by— "(1) dividing the outstanding amount of such repayable amounts by the volume (in million cubic feet) of crude helium owned by the United States and stored in the Bureau of Mines Cliffside Field at the time of the sale concerned, and "(2) adjusting the amount determined under paragraph (1) by the Consumer Price Index for years beginning after December 31, 1995.". (d) Subsection 6(d) is amended to read as follows: "(d) EXTRACTION OF HELIUM FROM DEPOSITS ON FEDERAL LANDS.— All moneys received by the Secretary from the sale or disposition of helium on Federal lands shall be paid to the Treasury and credited against the amounts required to be repaid to the Treasury under subsection (c).". (e) Subsection 6(e) is repealed. (f) Subsection 6(f) is amended— (1) by striking "(f)" and inserting "(e)(1)"; and (2) by adding the following at the end: "(2)(A) Within 7 days after the commencement of each fiscal year after the disposal of the facilities referred to in section 4(c),