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CBO
TESTIMONY
 
Statement of
James L. Blum
Deputy Director
Congressional Budget Office
 
on
H.R. 3967, the Helium Act of 1994
 
before the
Subcommittee on Energy and Mineral Resources
Committee on Natural Resources
U.S. House of Representatives
 
April 19, 1994
 
NOTICE

This statement is not available for public release until it is delivered at 10:00 a.m. (EDT), Tuesday, April 19, 1994.

 

Mr. Chairman and Members of the Subcommittee, I appreciate this opportunity to discuss the budgetary impacts of H.R. 3967, the Helium Act of 1994. The bill would amend the Helium Act to prohibit the Bureau of Mines from refining helium and selling refined helium, require the Secretary of the Interior to dispose of the United States' helium facilities and the federal helium reserve, and make other changes in the federal role in helium production. My statement will discuss the budgetary effects of the bill. I will outline the Congressional Budget Office's (CBO's) current baseline projections for the Bureau of Mines' helium program and present our analysis of the budgetary impact of the bill over the 1995-1999 period.

This document is available in its entirety in PDF.