Last week, the U.S. House of Representatives passed H.R. 527, “The Responsible Helium Administration and Stewardship Act.” The bill passed with strong bipartisan support, with only one “no” vote.
The bill keeps the Federal Helium Reserve operating beyond current law’s sunset date. It also breaks up its transition to private ownership in three phases. These steps are intended to bring stability to the helium market and ensure industrial and commercial users of the resource have steady access.
Rep. Erik Paulsen (R-MN), PPAI’s Legislator Of The Year, played an important role in the bill’s passage and highlighted balloon manufacturing as one of the industries that would be affected by the bill.
Mark Jenkins, MAS, sales director for Pioneer Balloon (UPIC: Pioneer), says: “It only took two short weeks after our L.E.A.D. event for Rep. Erik Paulsen to display, once again, his commitment to business and a common-sense approach to solving problems in Washington. He spoke up on the House floor and specifically identified the balloon industry as one of the industries at stake. He has displayed his willingness to listen to his constituents and help move an issue along in a timely fashion, toward a long term solution. Obviously, in my mind, PPAI certainly did make a sound choice in our Legislator Of The Year.”
To read the full text of the bill, click here.