The National Electrical Manufacturers Association (NEMA)
welcomed passage today by the United States Senate of compromise legislation to reauthorize, extend, and improve operations of the Federal Helium Reserve in Texas and called on the House of Representatives to vote as soon as possible to approve the Senate-passed bill.
The Senate’s approval of HR 527, the High Tech Jobs Preservation Act, by a vote of 97-2 represents a major step toward providing greater assurance
of access to domestic supplies of refined helium to many NEMA member companies.
"I commend Senators Ron Wyden (D-OR) and Lisa Murkowski (R-AK) for their leadership in reaching a compromise proposal that addresses the priorities of industrial end users of helium, including manufacturers of magnetic resonance imaging equipment and solid-state lighting,” said NEMA President and CEO Evan R. Gaddis. “I urge the House to act on the Senate-passed bill as soon as possible this month.”
If Congress fails to act on any helium legislation before October 7, the Federal Helium Reserve will cease operations. U.S. users of helium acquire much of their supply via industrial gas refining companies associated with the reserve, which currently holds approximately 30 percent of global supply of the gas.
Electrical Manufacturers Association (NEMA) represents nearly 350 electrical
equipment and medical imaging manufacturers that make safe, reliable, and efficient products
and systems. Our combined industries
account for 360,000 American jobs in more than 7,000 facilities covering every
state. Our industry produces $106 billion shipments of electrical equipment and
medical imaging technologies per year with $36 billion exports.