### Question
How does the law define qualifying domestic helium transaction?


### Answer
Under *50 U.S.C. § 167*, **qualifying domestic helium transaction** is defined as:

> any agreement entered into or renegotiated agreement during the preceding 1-year period in the United States for the purchase or sale of at least 15,000,000 standard cubic feet of crude or pure helium to which any holder of a contract with the Secretary for the acceptance, storage, delivery, or redelivery of crude helium from the Federal Helium System is a party

#### Citation:
  - *50 U.S.C. § 167*
  - Heading: **CHAPTER 10-HELIUM GAS**

