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S. 783, Helium Stewardship Act of 2013 1 (July 17, 2013)

handle is hein.congrec/cbo11290 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE
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July 17, 2013

S. 783
Helium Stewardship Act of 2013
As ordered reported by the Senate Committee on Energy and Natural Resources
on June 18, 2013
SUMMARY
S. 783 would reauthorize, establish, or modify several programs related to the management
of federal lands and natural resources and would increase certain payments to localities.
Major provisions of the legislation would:
 Authorize the Bureau of Land Management (BLM) to retain proceeds from the sale
of helium from the Federal Helium Reserve to pay for the costs of operating the
reserve;
 Require BLM to sell federally owned assets, including rights to any remaining
gases, at the Federal Helium Reserve by 2023;
 Provide funds to certain counties by reauthorizing Secure Rural Schools payments
through 2014;
 Raise the cap on payments to states under the Abandoned Mine Lands program for
2014;
 Appropriate funds to remediate, reclaim, and close abandoned oil and gas wells in
Alaska;
 Provide funds to the National Park Service (NPS) to improve infrastructure at parks;
and
 Reduce the royalty rate on soda ash and related mineral products from 6 percent to
4 percent for two years following the enactment of the bill.

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