Sec. 2. Definitions
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Section 2 of the Helium Act ( 50 U.S.C. 167 ) is amended— in paragraph (1), by striking the semicolon at the end and inserting a period; in paragraph (2), by striking ; and and inserting a period; and by adding at the end the following: The term Federal Helium Reserve means the Bureau of Land Management Cliffside Gas Field and supporting infrastructure. The term Federal Helium Reserve includes— the Cliffside Gas Field helium storage reservoir; and all associated infrastructure owned, leased, or managed under contract by the Secretary for storage, transportation, withdrawal, purification, or management of helium.
The term qualifying domestic helium transaction — except as provided in subparagraph (B), means any new or newly renegotiated agreement for the purchase or sale of at least 15,000,000 standard cubic feet of crude helium or bulk liquid helium delivered in the United States in the most recent full fiscal year; and does not include any purchase of crude helium from the Secretary. The term tolling agreement means an agreement between a helium refiner and another party under which the helium refiner agrees to process the other person’s helium at an agreed upon price. .
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U.S. Code