SECTION 1. SHORT TITLE.

    This Act may be cited as the ``ANCSA Cook Inlet Region Land 
Conveyance Finalization Act of 2017''.

SEC. 2. CIRI LAND ENTITLEMENT.

    (a) Definitions.--In this section:
            (1) Alaska native corporation; anc.--The terms ``Alaska 
        Native Corporation'' and ``ANC'' have the meaning given the 
        term ``Native Corporation'' in section 3 of the Alaska Native 
        Claims Settlement Act (43 U.S.C. 1602).
            (2) CIRI.--The term ``CIRI'' means Cook Inlet Region, Inc.
            (3) Secretary.--The term ``Secretary'' means the Secretary 
        of the Interior.
            (4) State.--The term ``State'' means the State of Alaska.
    (b) Conveyance.--
            (1) In general.--In order to allow CIRI to satisfy the 
        acreage of land to which CIRI is entitled under the Alaska 
        Native Claims Settlement Act (43 U.S.C. 1601 et seq.), subject 
        to paragraph (2), the Secretary shall convey to CIRI the 
        acreage of land selected by CIRI under subsections (c) and (d).
            (2) Condition.--The conveyance under paragraph (1) shall be 
        subject to the condition that, with respect to any land subject 
        to selection under subsection (c) that is located within the 
        boundaries of another regional ANC, CIRI may not select, and 
        the Secretary shall not convey to CIRI, that land unless CIRI 
        has obtained the written consent of the other regional ANC in 
        an instrument signed by an authorized officer of that regional 
        ANC.
    (c) Selection.--CIRI shall select from among the following land, 
43,000 acres, which is an acreage quantity equivalent to the 
unsatisfied portion of the acreage of land to which CIRI is entitled 
under the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et seq.):
            (1) Land in the State located outside of the boundaries of 
        Cook Inlet Region--
                    (A) that was previously selected for conveyance by 
                one or more other Alaska Native Corporations; and
                    (B) the selection of which under subparagraph (A) 
                was later withdrawn by those one or more ANCs.
            (2) Land in the State located outside of the boundaries of 
        Cook Inlet Region that is adjacent to land owned by other ANCs.
            (3) Land located within the boundaries of the National 
        Petroleum Reserve-Alaska.
            (4) Land located within a unit of the National Wildlife 
        Refuge System in the State, except that no land may be selected 
        inside the Arctic National Wildlife Refuge.
            (5) Federal land in the State that is located outside of 
        the boundaries of any National Monument, unit of the National 
        Park System, or land designated as wilderness under the 
        Wilderness Act (16 U.S.C. 1131 et seq.).
            (6) Land selected under subsection (d).
    (d) Selection of Excess Federal Land or Property.--
            (1) In general.--In accordance with paragraph (2), CIRI 
        shall have a right of notice and first refusal to select land 
        or property located within the region of CIRI in the State that 
        is identified by the Federal Government as excess to the needs 
        of the Federal Government, except to the extent that right 
        would conflict with section 1425(b) of the Alaska National 
        Interest Lands Conservation Act (Public Law 96-487; 94 Stat. 
        2515).
            (2) Requirements.--
                    (A) Notice.--Prior to any conveyance of excess 
                Federal land or property within the region of CIRI, the 
                Federal Government shall provide to CIRI notice of the 
                intent of the Federal Government to convey that excess 
                Federal land or property.
                    (B) Deadline.--Not later than 180 days after the 
                date on which the Federal Government provides notice 
                under subparagraph (A), CIRI shall determine whether to 
                acquire the excess Federal land or property.
                    (C) Conveyance and relinquishment.--If CIRI chooses 
                to acquire the excess Federal land or property under 
                subparagraph (B), on conveyance, CIRI shall relinquish 
                the number of acres from the unsatisfied portion of the 
                acreage of land to which CIRI is entitled under the 
                Alaska Native Claims Settlement Act (43 U.S.C. 1601 et 
                seq.) that is equal to--
                            (i) the fair market value per acre of the 
                        excess Federal land or the surplus value of the 
                        property to be conveyed; divided by
                            (ii) the difference between--
                                    (I) the value per acre of land 
                                determined from the most recent census 
                                of the National Agricultural Statistics 
                                Service of the Department of 
                                Agriculture of agricultural land values 
                                for the State, specifically by the 
                                statewide value of land in the State; 
                                and
                                    (II) the value of land in the 
                                Juneau and Anchorage census areas used 
                                for Federal surplus property credits, 
                                adjusted for inflation.
ANCSA Cook Inlet Region Land Conveyance Finalization Act of 2017 This bill requires the Department of the Interior to convey to Cook Inlet Region, Inc. (CIRI), an Alaska Native regional corporation, land CIRI selects from specified areas to satisfy its claim to an additional 43,000 acres under the Alaska Native Claims Settlement Act. CIRI is granted a right of notice and first refusal for federal land or property identified as excess in CIRI's region. 
ANCSA Cook Inlet Region Land Conveyance Finalization Act of 2017