Title: Alaska Native Claims Settlement Improvement Act of 2017
Policy area: Native Americans

Summary:
Alaska Native Claims Settlement Improvement Act of 2017
This bill revises provisions concerning Alaska Natives claims to land and Alaska Native regional, village, or urban corporations.
The bill amends the Barrow Gas Field Transfer Act of 1984 to require the Department of the Interior to convey to the Ukpeagvik Inupiat Corporation certain sand and gravel deposits.
Interior must grant the Shishmaref Native Corporation a transportation easement.
Shee Atika Incorporated may opt to receive credits from the Department of Agriculture (USDA) for the sale of Cube Cove in Admiralty Island, Alaska, that may be used to acquire federal property sold at public sales.
The bill authorizes a land exchange between the USDA and the Sealaska Corporation.
Cook Inlet Region, Inc. may satisfy its land claim under the Alaska Native Claims Settlement Act (ANCSA).
Interior must convey a surface estate to the Kaktovik Inupiat Corporation, a subsurface estate to the Arctic Slope Regional Corporation, a surface estate to Kian Tr'ee Corporation, and a subsurface estate to Doyon Limited.
The bill amends ANCSA to require Interior to pay compensation to Nagamut Limited and the Calista Corporation in lieu of conveying land to Nagamut and a subsurface estate to Calista.
Native residents of the villages of Haines, Ketchikan, Petersburg, Tenakee, and Wrangell, Alaska, may organize as urban corporations. Upon incorporation, Interior must offer each corporation 23,040 acres of land.
Alaska Native veterans who served during the Vietnam War may receive an allotment of federal land.
For purposes of determining eligibility for need-based federal programs, the amount of cash an Alaska Native receives from a Native corporation that is disregarded is increased.
Under certain circumstances, Alaska Native village corporations may reincorporate after they are involuntarily dissolved.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 1481 Introduced in Senate (IS)]

<DOC>






115th CONGRESS
  1st Session
                                S. 1481

 To make technical corrections to the Alaska Native Claims Settlement 
                      Act, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             June 29, 2017

 Ms. Murkowski (for herself and Mr. Sullivan) introduced the following 
bill; which was read twice and referred to the Committee on Energy and 
                           Natural Resources

_______________________________________________________________________

                                 A BILL


 
 To make technical corrections to the Alaska Native Claims Settlement 
                      Act, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) Short Title.--This Act may be cited as the ``Alaska Native 
Claims Settlement Improvement Act of 2017''.
    (b) Table of Contents.--The table of contents for this Act is as 
follows:

Sec. 1. Short title; table of contents.
Sec. 2. Definitions.
Sec. 3. Ukpeagvik Inupiat Corporation sand and gravel resources.
Sec. 4. Shishmaref easement.
Sec. 5. Shee Atika Incorporated.
Sec. 6. Admiralty Island National Monument land exchange.
Sec. 7. CIRI land entitlement.
Sec. 8. Kaktovik and Canyon Village.
Sec. 9. Nagamut.
Sec. 10. Unrecognized Southeast Alaska Native communities recognition 
                            and compensation.
Sec. 11. Open season for certain Alaska Native veterans for allotments.
Sec. 12. 13th Regional Corporation.
Sec. 13. Chugach Alaska Corporation land exchange pool.
Sec. 14. Dividend exclusion increase.
Sec. 15. Fractional shares.
Sec. 16. Reinstatement of dissolved Village or Group Corporations.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) Secretary.--The term ``Secretary'' means the Secretary 
        of the Interior.
            (2) State.--The term ``State'' means the State of Alaska.

SEC. 3. UKPEAGVIK INUPIAT CORPORATION SAND AND GRAVEL RESOURCES.

    Section 3 of the Barrow Gas Field Transfer Act of 1984 (Public Law 
98-366; 98 Stat. 470) is amended--
            (1) by striking ``sec. 3. The Secretary'' and inserting the 
        following:

``SEC. 3. CONVEYANCE TO UKPEAGVIK INUPIAT CORPORATION.

    ``(a) In General.--The Secretary''; and
            (2) by adding at the end the following:
    ``(b) Inclusions.--
            ``(1) In general.--Subject to paragraph (2), the conveyance 
        to UIC under subsection (a) shall include all right, title, and 
        interest held by the United States to sand and gravel deposits 
        underlying the surface estate owned by UIC within and 
        contiguous to the Barrow gas fields, in the areas depicted on 
        the map entitled `1984 Barrow Gas Field Transfer Act' and dated 
        April 25, 2016 and more particularly described as follows:
                    ``(A) T. 21 N. R. 16 W., secs. 7, 17-18, 19-21, and 
                28-29.
                    ``(B) T. 21 N. R. 17 W., secs. 1-2, and 11-14.
                    ``(C) T. 22 N., R. 18 W., secs. 4, 9, and 29-32.
                    ``(D) T. 22 N. R. 19 W., secs. 25 and 36.
            ``(2) Requirements.--
                    ``(A) Road construction.--In constructing roads to 
                access any of the sand and gravel deposits lying within 
                the areas described in paragraph (1), UIC shall 
                continue to mitigate negative impacts on the nesting 
                sites of the Steller's eider.
                    ``(B) Excavation.--In excavating any of the sand 
                and gravel deposits lying within the areas described in 
                paragraph (1), UIC shall not blast or use explosives 
                during the active nesting season of the Steller's 
                eider.''.

SEC. 4. SHISHMAREF EASEMENT.

    (a) In General.--Subject to subsection (b), the Secretary shall 
grant the Shishmaref Native Corporation, a Corporation established 
under the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et seq.), 
a perpetual easement of approximately 300 feet that crosses the Bering 
Land Bridge National Monument to permit a surface transportation route 
between the Village of Shishmaref and the general area of Ear Mountain, 
Alaska.
    (b) Proposed Easement.--The easement described in subsection (a) 
shall be jointly proposed by the Shishmaref Native Corporation, the 
City of Shishmaref, and the Native Village of Shishmaref based on 
recommendations made by the State.
    (c) Approval Under ANILCA.--The easement granted under this section 
shall be considered to meet all applicable requirements of title XI of 
the Alaska National Interest Lands Conservation Act (16 U.S.C. 3161 et 
seq.).

SEC. 5. SHEE ATIKA INCORPORATED.

    (a) Definitions.--In this section:
            (1) Account.--The term ``Account'' means the Shee Atika 
        Account established under subsection (d).
            (2) Agency.--The term ``agency'' means--
                    (A) any department, agency, or other 
                instrumentality of the Federal Government; and
                    (B) any Government corporation (as defined in 
                section 9101 of title 31, United States Code).
            (3) Agreement.--The term ``Agreement'' means the agreement 
        between Shee Atika and the United States (including any 
        amendment or supplement to the agreement) under which the 
        United States has an option to reacquire the Cube Cove Land.
            (4) Cube cove land.--The term ``Cube Cove Land'' means the 
        approximately 23,000 acres of surface estate land at Cube Cove, 
        Admiralty Island, Alaska, as described in Appendix A to the 
        Agreement.
            (5) Property.--The term ``property'' has the meaning given 
        the term in section 12(b)(7)(vii) of the Act of January 2, 1976 
        (43 U.S.C. 1611 note; Public Law 94-204).
            (6) Secretary.--The term ``Secretary'' means the Secretary 
        of Agriculture.
            (7) Segment.--The term ``segment'' means any 1 of the 13 
        tracts of surface estate land identified in Appendix C to the 
        Agreement.
            (8) Shee atika.--The term ``Shee Atika'' means Shee Atika 
        Incorporated.
    (b) Authorization.--
            (1) In general.--All consideration, whether in cash or in 
        kind, received by Shee Atika under the Agreement shall be 
        treated for purposes of all Federal laws as if the 
        consideration was, within the meaning of section 21(c) of the 
        Alaska Native Claims Settlement Act (43 U.S.C. 1620(c)), the 
        receipt of land or any interest in land pursuant to the Alaska 
        Native Claims Settlement Act (43 U.S.C. 1601 et seq.) or cash 
        in order to equalize the values of properties exchanged 
        pursuant to section 22(f) of the Alaska Native Claims 
        Settlement Act (43 U.S.C. 1621(f)).
            (2) Effect.--Nothing in the Agreement or this section 
        imposes any duty on Shee Atika not expressly set forth in the 
        Agreement.
    (c) Option To Receive Credits.--
            (1) In general.--
                    (A) Credits.--On election by Shee Atika made in 
                writing not later than the day before the date on which 
                a closing of any segment of the Cube Cove Land is 
                scheduled to occur, the Secretary, in accordance with 
                subsection (d), may pay all or part of the amounts due 
                to Shee Atika under the Agreement on the closing date 
                in the form of credits that may be used by Shee Atika 
                to purchase property sold at public sale.
                    (B) Cash.--Amounts otherwise due to Shee Atika for 
                which Shee Atika has not made the election described in 
                subparagraph (A) shall be paid to Shee Atika in cash.
            (2) Requirement.--The Secretary shall make a payment in the 
        form described in paragraph (1) without regard to whether Shee 
        Atika has made any other election under paragraph (1).
            (3) Closing date.--Closing of any segment for which Shee 
        Atika has made an election under paragraph (1) shall occur not 
        later than 30 days after the date on which the Secretary 
        notifies Shee Atika that the applicable credit is ready to be 
        deposited into the Account.
    (d) Establishment of Account.--
            (1) In general.--Notwithstanding any other provision of 
        law, not later than 90 days after Shee Atika first makes an 
        election under subsection (c)(1), the Secretary of the 
        Treasury, in consultation with the Secretary, shall establish 
        an account in the Treasury to be known as the ``Shee Atika 
        Account''.
            (2) Credits into account.--The Secretary of the Treasury, 
        in consultation with the Secretary, shall--
                    (A) deposit into the Account amounts equal to any 
                credit received under subsection (c); and
                    (B) establish procedures under which Shee Atika 
                may--
                            (i) receive deposits into the Account;
                            (ii) make deposits from the Account into 
                        escrow when an escrow is required for the sale 
                        of any property;
                            (iii) reinstate to the Account any unused 
                        escrow deposits under clause (ii) if the 
                        applicable sale is not completed; and
                            (iv) notwithstanding any other provision of 
                        law and on written notice to the Secretary of 
                        the Treasury and the Secretary, assign, without 
                        restriction, any or all of the amounts in the 
                        Account.
            (3) Availability of amounts.--The balance of the Account 
        shall--
                    (A) be immediately available to Shee Atika for use 
                in accordance with paragraph (4); and
                    (B) remain available until expended.
            (4) Use of funds.--
                    (A) In general.--Shee Atika may use amounts in the 
                Account to bid for, and purchase, any property at any 
                public sale by an agency.
                    (B) Requirement.--In conducting a transaction under 
                subparagraph (A), an agency shall accept any amount 
                tendered from the Account in the same manner as if the 
                amount were tendered in cash.
            (5) Effect.--Notwithstanding any other provision of law, 
        any property purchased under paragraph (4) shall be considered 
        to be a conveyance made under the Alaska Native Claims 
        Settlement Act (43 U.S.C. 1601 et seq.) on the date of 
        enactment of that Act.

SEC. 6. ADMIRALTY ISLAND NATIONAL MONUMENT LAND EXCHANGE.

    (a) Definitions.--In this section:
            (1) Sealaska.--The term ``Sealaska'' means the Sealaska 
        Corporation, a Regional Native Corporation established under 
        the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et 
        seq.).
            (2) Secretary.--The term ``Secretary'' means the Secretary 
        of Agriculture.
    (b) Land Exchange.--If Sealaska relinquishes to the United States 
all right, title, and interest in and to the land described in 
subsection (c)(1), the Secretary, not later than 90 days after the date 
of the relinquishment, shall convey to Sealaska all right, title, and 
interest in and to the land described in subsection (c)(2).
    (c) Land Described.--
            (1) Sealaska land.--The land to be relinquished by Sealaska 
        to the United States under subsection (b) is the subsurface 
        estate to the approximately 23,000 acres of subsurface land 
        depicted as ``Sealaska Lands to U.S. Forest Service'' on the 
        map entitled ``Sealaska Land Exchange--Sealaska Admiralty 
        Island National Monument Lands'' and dated March 10, 2016.
            (2) Federal land.--The Federal land to be conveyed to 
        Sealaska under subsection (b) is the surface and subsurface 
        estate to the approximately 8,872.5 acres of Federal land and 
        the surface estate to approximately 5,145 acres of Federal land 
        depicted as ``U.S. Forest Service Land to Sealaska'' on the map 
        entitled ``Sealaska Land Exchange--U.S. Forest Service Lands'' 
        and dated March 10, 2016.
    (d) Withdrawal.--Subject to valid rights in existence on the date 
of enactment of this Act, the Federal land described in subsection 
(c)(2) is withdrawn from--
            (1) all forms of entry, appropriation, or disposal under 
        the public land laws;
            (2) location, entry, and patent under the mining laws; and
            (3) disposition under all laws pertaining to mineral and 
        geothermal leasing or mineral materials.
    (e) Maps.--The maps described in subsection (c) shall be maintained 
on file in--
            (1) the office of the Chief of the Forest Service;
            (2) the office of the Secretary of the Interior; and
            (3) the Alaska Regional Office of the Forest Service.
    (f) Effect.--Notwithstanding any other provision of law, the 
Federal land conveyed to Sealaska under subsection (b) shall be 
considered to be a conveyance made under the Alaska Native Claims 
Settlement Act (43 U.S.C. 1601 et seq.) on the date of enactment of 
that Act.

SEC. 7. 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.
    (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.

SEC. 8. KAKTOVIK AND CANYON VILLAGE.

    (a) Kaktovik Inupiat Corporation.--To maximize Federal revenues by 
removing clouds on title to land and clarifying land ownership patterns 
within the Coastal Plain of the Arctic National Wildlife Refuge, 
notwithstanding section 1302(h)(2) of the Alaska National Interest 
Lands Conservation Act (16 U.S.C. 3192(h)(2)), the Secretary shall 
convey--
            (1) to the Kaktovik Inupiat Corporation the surface estate 
        of the land described in paragraph 1 of Public Land Order 6959 
        (58 Fed. Reg. 14323), to the extent necessary to fulfill the 
        entitlement of the Corporation under section 12 of the Alaska 
        Native Claims Settlement Act (43 U.S.C. 1611) in accordance 
        with the terms and conditions of the Agreement between the 
        Department of the Interior, the United States Fish and Wildlife 
        Service, the Bureau of Land Management, and the Kaktovik 
        Inupiat Corporation, effective January 22, 1993; and
            (2) to the Arctic Slope Regional Corporation the remaining 
        subsurface estate to which the Corporation is entitled pursuant 
        to the Agreement between the Arctic Slope Regional Corporation 
        and the United States of America dated August 9, 1983.
    (b) Canyon Village.--
            (1) Conveyance.--
                    (A) In general.--The Secretary shall convey to Kian 
                Tr'ee Corporation, for the Native Village of Canyon 
                Village, the surface estate in the land selected by the 
                Kian Tr'ee Corporation pursuant to section 14(h)(2) of 
                the Alaska Native Claims Settlement Act (43 U.S.C. 
                1613(h)(2)).
                    (B) Application.--Section 2653.3(c) of title 43, 
                Code of Federal Regulations (or successor regulations), 
                shall not apply to the conveyance under subparagraph 
                (A).
            (2) Limitation.--The conveyance under paragraph (1)(A) 
        shall not exceed 6,400 acres.
            (3) Subsurface estate.--
                    (A) In general.--Unless Doyon, Limited, elects to 
                receive conveyance under subparagraph (B), the 
                Secretary shall convey to Doyon, Limited, the 
                subsurface estate in the land conveyed under paragraph 
                (1)(A).
                    (B) Alternate selection.--At the option of Doyon, 
                Limited, in lieu of accepting the conveyance under 
                subparagraph (A)--
                            (i) Doyon, Limited, may receive a 
                        conveyance from existing selections on land 
                        withdrawn pursuant to section 11(a)(3) of the 
                        Alaska Native Claims Settlement Act (43 U.S.C. 
                        1610(a)(3)) that is equal in acreage to the 
                        subsurface that would otherwise be conveyed 
                        under subparagraph (A);
                            (ii) Doyon, Limited, shall notify the 
                        Secretary (acting through the Alaska State 
                        Office of the Bureau of Land Management) of the 
                        preference of Doyon, Limited, not later than 90 
                        days after the date of enactment of this Act; 
                        and
                            (iii) the Secretary shall convey to Doyon, 
                        Limited, the subsurface estate selected under 
                        clause (i).

SEC. 9. NAGAMUT.

    Section 12 of the Alaska Native Claims Settlement Act (43 U.S.C. 
1611) is amended by adding at the end the following new subsection:
    ``(g) Nagamut.--
            ``(1) Definitions.--For the purposes of this subsection:
                    ``(A) Calista.--The term `Calista' means Calista 
                Corporation, an Alaska Native Regional Corporation in 
                accordance with section 7, which is entitled to the 
                subsurface estate to the Nagamut selection pursuant to 
                section 14(f).
                    ``(B) Nagamut.--The term `Nagamut' means Nagamut 
                Limited, a Native group recognized as eligible to 
                receive the conveyance of 6,080 acres under section 
                13(h)(2) and organized under the laws of the State of 
                Alaska.
                    ``(C) Nagamut selection.--The term `Nagamut 
                selection' means the unconveyed surface estate to 6,080 
                acres of land Nagamut selected on September 18, 1975 
                under Bureau of Land Management serial number AA-9902.
            ``(2) In general.--As determined under paragraph (3), in 
        lieu of the conveyance of the Nagamut selection to Nagamut and 
        the subsurface estate of the Nagamut selection to Calista, the 
        Secretary shall--
                    ``(A) pay compensation to Nagamut in an amount 
                equal to the fair market value of the Nagamut 
                selection; and
                    ``(B) pay compensation to Calista in an amount 
                equal to the fair market value of any subsurface estate 
                beneath the Nagamut selection to which Calista is 
                entitled.
            ``(3) Appraisals.--
                    ``(A) In general.--Within 18 months of the date of 
                enactment of the Alaska Native Claims Settlement 
                Improvement Act of 2017, the fair market value of the 
                surface and subsurface estates of the Nagamut selection 
                shall be determined by appraisals conducted--
                            ``(i) in accordance with the Uniform 
                        Appraisal Standards for Federal Land 
                        Acquisitions and the Uniform Standards of 
                        Professional Appraisal Practice;
                            ``(ii) by an appraiser mutually agreeable 
                        to the Secretary, Nagamut, and Calista;
                            ``(iii) in a way that shall determine the 
                        fair market values of the surface and 
                        subsurface estates of the Nagamut selection as 
                        though the estates were available for selection 
                        under this Act on the date of enactment of the 
                        Alaska Native Claims Settlement Improvement Act 
                        of 2017: and
                            ``(iv) without regard to the current 
                        ownership status.
                    ``(B) Costs.--The costs of the appraisals required 
                under this paragraph shall be borne by the Secretary.
            ``(4) Establishment of account; compensation.--
                    ``(A) Establishment.--There is established a 
                special account in the Treasury of the United States to 
                be known as the `Nagamut Selection Special Account', 
                into which shall be deposited from the General Fund of 
                the Treasury a sum equal to the appraised fair market 
                value of the surface and subsurface estates of the 
                Nagamut selection.
                    ``(B) Compensation.--Amounts in the Nagamut 
                Selection Special Account shall be available to the 
                Secretary, without further appropriation, to compensate 
                Nagamut and Calista for the fair market value of the 
                surface and subsurface estates of the Nagamut 
                selection.
            ``(5) Effect on entitlement.--The compensation paid to 
        Nagamut and Calista pursuant to this subsection shall satisfy 
        the statutory land entitlement of Nagamut and the rights to the 
        subsurface estate held by Calista under the provisions of this 
        Act.''.

SEC. 10. UNRECOGNIZED SOUTHEAST ALASKA NATIVE COMMUNITIES RECOGNITION 
              AND COMPENSATION.

    (a) Purpose.--The purpose of this section is to redress the 
omission of the southeastern Alaska communities of Haines, Ketchikan, 
Petersburg, Tenakee, and Wrangell from eligibility by authorizing the 
Native people enrolled in the communities--
            (1) to form Urban Corporations for the communities under 
        the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et 
        seq.); and
            (2) to receive certain settlement land pursuant to that 
        Act.
    (b) Establishment of Additional Native Corporations.--Section 16 of 
the Alaska Native Claims Settlement Act (43 U.S.C. 1615) is amended by 
adding at the end the following:
    ``(e) Native Villages of Haines, Ketchikan, Petersburg, Tenakee, 
and Wrangell, Alaska.--
            ``(1) In general.--The Native residents of each of the 
        Native Villages of Haines, Ketchikan, Petersburg, Tenakee, and 
        Wrangell, Alaska, may organize as Urban Corporations.
            ``(2) Effect on entitlement to land.--Nothing in this 
        subsection affects any entitlement to land of any Native 
        Corporation established before the date of enactment of this 
        subsection pursuant to this Act or any other provision of 
        law.''.
    (c) Shareholder Eligibility.--Section 8 of the Alaska Native Claims 
Settlement Act (43 U.S.C. 1607) is amended by adding at the end the 
following:
    ``(d) Native Villages of Haines, Ketchikan, Petersburg, Tenakee, 
and Wrangell.--
            ``(1) In general.--The Secretary shall enroll to each of 
        the Urban Corporations for Haines, Ketchikan, Petersburg, 
        Tenakee, or Wrangell those individual Natives who enrolled 
        under this Act to the Native Villages of Haines, Ketchikan, 
        Petersburg, Tenakee, or Wrangell, respectively.
            ``(2) Number of shares.--Each Native who is enrolled to an 
        Urban Corporation for Haines, Ketchikan, Petersburg, Tenakee, 
        or Wrangell pursuant to paragraph (1) and who was enrolled as a 
        shareholders of the Regional Corporation for Southeast Alaska 
        on or before March 30, 1973, shall receive 100 shares of 
        Settlement Common Stock in the respective Urban Corporation.
            ``(3) Natives receiving shares through inheritance.--If a 
        Native received shares of stock in the Regional Corporation for 
        Southeast Alaska through inheritance from a decedent Native who 
        originally enrolled to the Native Village of Haines, Ketchikan, 
        Petersburg, Tenakee, or Wrangell and the decedent Native was 
        not a shareholder in a Village or Urban Corporation, the Native 
        shall receive the identical number of shares of Settlement 
        Common Stock in the Urban Corporation for Haines, Ketchikan, 
        Petersburg, Tenakee, or Wrangell as the number of shares 
        inherited by that Native from the decedent Native who would 
        have been eligible to be enrolled to the respective Urban 
        Corporation.
            ``(4) Effect on entitlement to land.--Nothing in this 
        subsection affects entitlement to land of any Regional 
        Corporation pursuant to section 12(b) or 14(h)(8).''.
    (d) Distribution Rights.--Section 7 of the Alaska Native Claims 
Settlement Act (43 U.S.C. 1606) is amended--
            (1) in subsection (j)--
                    (A) by striking ``(j) During'' and inserting the 
                following:
    ``(j) Distribution of Corporate Funds and Other Net Income.--
            ``(1) In general.--During'';
                    (B) by striking ``Not less'' and inserting the 
                following:
            ``(2) Minimum allocation.--Not less'';
                    (C) by striking ``In the case'' and inserting the 
                following:
            ``(3) Thirteenth regional corporation.--In the case''; and
                    (D) by adding at the end the following:
            ``(4) Native villages of haines, ketchikan, petersburg, 
        tenakee, and wrangell.--Native members of the Native Villages 
        of Haines, Ketchikan, Petersburg, Tenakee, and Wrangell who 
        become shareholders in an Urban Corporation for such a Native 
        Village shall continue to be eligible to receive distributions 
        under this subsection as at-large shareholders of the Regional 
        Corporation for Southeast Alaska.''; and
            (2) by adding at the end the following:
    ``(s) Effect of Amendatory Act.--Section 14 of the Alaska Native 
Claims Settlement Improvement Act of 2017 and the amendments made by 
that section shall not affect--
            ``(1) the ratio for determination of revenue distribution 
        among Native Corporations under this section; or
            ``(2) the settlement agreement among Regional Corporation 
        or Village Corporations or other provisions of subsection (i) 
        or (j).''.
    (e) Compensation.--The Alaska Native Claims Settlement Act (43 
U.S.C. 1601 et seq.) is amended by adding at the end the following:

``SEC. 43. URBAN CORPORATIONS FOR HAINES, KETCHIKAN, PETERSBURG, 
              TENAKEE, AND WRANGELL.

    ``(a) Offer of Compensation.--
            ``(1) In general.--On incorporation of the Urban 
        Corporations for Haines, Ketchikan, Petersburg, Tenakee, and 
        Wrangell, the Secretary, in consultation and coordination with 
        the Secretary of Commerce, and in consultation with 
        representatives of each such Urban Corporation and the Regional 
        Corporation for Southeast Alaska, shall offer as compensation, 
        pursuant to this Act, 1 township of land (23,040 acres) to each 
        of the Urban Corporations for Haines, Ketchikan, Petersburg, 
        Tenakee, and Wrangell, in accordance with this subsection.
            ``(2) Local areas of historical, cultural, traditional, and 
        economic importance.--
                    ``(A) In general.--The Secretary shall offer as 
                compensation under this subsection local areas of 
                historical, cultural, traditional, and economic 
                importance to Alaska Natives from the Villages of 
                Haines, Ketchikan, Petersburg, Tenakee, or Wrangell.
                    ``(B) Selection of land.--In selecting the land to 
                be withdrawn and conveyed pursuant to this section, the 
                Secretary--
                            ``(i) shall give preference to land with 
                        commercial purposes;
                            ``(ii) may include subsistence and cultural 
                        sites, aquaculture sites, hydroelectric sites, 
                        tideland, surplus Federal property, and eco-
                        tourism sites; and
                            ``(iii) shall not include land within a 
                        conservation system unit (as defined in section 
                        102 of the Alaska National Interest Lands 
                        Conservation Act (16 U.S.C. 3102)).
                    ``(C) Contiguous, compact sites.--The land selected 
                pursuant to this section shall be contiguous and 
                reasonably compact tracts if practicable.
                    ``(D) Valid existing rights.--The land selected 
                pursuant to this section shall be subject to all valid 
                existing rights and all other provisions of section 
                14(g), including any lease, contract, permit, right-of-
                way, or easement (including a lease issued under 
                section 6(g) of the Act of July 7, 1958 (commonly known 
                as the `Alaska Statehood Act') (48 U.S.C. note prec. 
                21; Public Law 85-508)).
    ``(b) Acceptance or Rejection of Offer.--
            ``(1) In general.--Not later than 1 year after the date of 
        the offer of compensation from the Secretary under subsection 
        (a), each of the Urban Corporations for Haines, Ketchikan, 
        Petersburg, Tenakee, and Wrangell shall accept or reject the 
        offer.
            ``(2) Resolution.--To accept or reject the offer, each such 
        Urban Corporation shall provide to the Secretary a properly 
        executed and certified corporate resolution that states that 
        the offer proposed by the Secretary was voted on, and either 
        approved or rejected, by a majority of the shareholders of the 
        Urban Corporation.
            ``(3) Rejection of offer.--If the offer is rejected--
                    ``(A) the Secretary, in consultation with 
                representatives of the Urban Corporation that rejected 
                the offer and the Regional Corporation for Southeast 
                Alaska, shall revise the offer; and
                    ``(B) the Urban Corporation shall have an 
                additional 180 days within which to accept or reject 
                the revised offer.
    ``(c) Withdrawal and Conveyance of Land and Title.--Not later than 
180 days after receipt of a corporate resolution of an Urban 
Corporation approving an offer of the Secretary under subsection 
(b)(1), the Secretary shall (as appropriate)--
            ``(1) withdraw the land;
            ``(2) convey to the Urban Corporation title to the surface 
        estate of the land; and
            ``(3) convey to the Regional Corporation for Southeast 
        Alaska title the subsurface estate for the land.
    ``(d) Conveyance of Roads, Trails, Log Transfer Facilities, Leases, 
and Appurtenances.--The Secretary shall, without consideration of 
compensation, convey to the Urban Corporations of Haines, Ketchikan, 
Petersburg, Tenakee, and Wrangell, by quitclaim deed or patent, all 
right, title, and interest of the United States in all roads, trails, 
log transfer facilities, leases, and appurtenances on or related to the 
land conveyed to the Corporations pursuant to subsection (c).
    ``(e) Settlement Trust.--
            ``(1) In general.--The Urban Corporations of Haines, 
        Ketchikan, Petersburg, Tenakee, and Wrangell may establish a 
        settlement trust in accordance with section 39 for the purposes 
        of promoting the health, education, and welfare of the trust 
        beneficiaries, and preserving the Native heritage and culture, 
        of the communities of Haines, Ketchikan, Petersburg, Tenakee, 
        and Wrangell, respectively.
            ``(2) Proceeds and income.--The proceeds and income from 
        the principal of a trust established under paragraph (1) 
        shall--
                    ``(A) first be applied to the support of those 
                enrollees, and the descendants of the enrollees, who 
                are elders or minor children; and
                    ``(B) then to the support of all other 
                enrollees.''.

SEC. 11. OPEN SEASON FOR CERTAIN ALASKA NATIVE VETERANS FOR ALLOTMENTS.

    (a) Amendments.--Section 41 of the Alaska Native Claims Settlement 
Act (43 U.S.C. 1629g) is amended--
            (1) in subsection (a)--
                    (A) in the subsection heading, by striking ``In 
                General'' and inserting ``Alaska Native Veteran 
                Allotments'';
                    (B) by striking paragraphs (1) through (4) and 
                inserting the following:
            ``(1) Allotments.--
                    ``(A) Eligible recipients.--Any person described in 
                paragraph (1) or (2) of subsection (b) shall be 
                eligible to receive an allotment under the Act of May 
                17, 1906 (34 Stat. 197, chapter 2469) (as in effect 
                before December 18, 1971), of not more than 2 parcels 
                of Federal land, the total area of which shall not 
                exceed 160 acres. Any person described in paragraph (1) 
                or (2) of subsection (b) who, prior to the date on 
                which the Secretary promulgates regulations pursuant to 
                section 11(b) of the Alaska Native Claims Settlement 
                Improvement Act of 2017 received an allotment that has 
                a total area of less than 160 acres shall be eligible 
                to receive an allotment under the Act of May 17, 1906 
                (34 Stat. 197, chapter 2469) (as in effect before 
                December 18, 1971), of not more than 1 parcel of 
                Federal land, the total area of which shall not exceed 
                the difference in acres between 160 acres and the total 
                area of the allotment that the person previously 
                received under the Act.
                    ``(B) Rule of construction.--The civil action 
                styled `Shields v. United States' (698 F.2d 987 (9th 
                Cir. 1983), cert. denied (104 S. Ct. 73 (1983))) shall 
                not be construed to diminish or modify the eligibility 
                of any person described in paragraph (1) or (2) of 
                subsection (b).
                    ``(C) Filing deadline.--An allotment shall be filed 
                for an eligible recipient not later than 3 years after 
                the date on which the Secretary promulgates regulations 
                pursuant to section 11(b) of the Alaska Native Claims 
                Settlement Improvement Act of 2017.
            ``(2) Land available for allotments.--
                    ``(A) In general.--Subject to subparagraph (C), an 
                allotment under this section shall be selected from 
                land that is--
                            ``(i)(I) vacant; and
                            ``(II) owned by the United States;
                            ``(ii) selected by, or conveyed to, the 
                        State of Alaska, if the State voluntarily 
                        relinquishes or conveys to the United States 
                        the land for the allotment; or
                            ``(iii) selected by, or conveyed to, a 
                        Native Corporation, if the Native Corporation 
                        voluntarily relinquishes or conveys to the 
                        United States the land for the allotment.
                    ``(B) Relinquishment by native corporation.--If a 
                Native Corporation relinquishes land under subparagraph 
                (A)(iii), the Native Corporation may select appropriate 
                Federal land, as determined by the Secretary, the area 
                of which is equal to the area of the land relinquished 
                by the Native Corporation, to replace the relinquished 
                land.
                    ``(C) Exclusions.--An allotment under this section 
                shall not be selected from land that is located 
                within--
                            ``(i) a right-of-way of the TransAlaska 
                        Pipeline;
                            ``(ii) an inner or outer corridor of such a 
                        right-of-way; or
                            ``(iii) a unit of the National Park System, 
                        a National Preserve, or a National Monument.
                    ``(D) Rule of construction.--The civil action 
                styled `Shields v. United States' (698 F.2d 987 (9th 
                Cir. 1983), cert. denied (104 S. Ct. 73 (1983))) shall 
                not be construed to limit the land that is eligible for 
                allotment under this paragraph.
            ``(3) Alternative allotments.--A person described in 
        paragraph (1) or (2) of subsection (b) who qualifies for an 
        allotment under this section on land described in paragraph 
        (2)(C) may select an alternative allotment from land that is--
                    ``(A) located within the boundaries of land 
                described in paragraph (2)(C);
                    ``(B)(i)(I) withdrawn under section 11(a)(1)(C); 
                and
                    ``(II) not selected, or relinquished after 
                selection, under section 11(a)(3);
                    ``(ii) contiguous to an outer boundary of land 
                withdrawn under section 11(a)(1)(C); or
                    ``(iii) vacant, unappropriated, and unreserved; and
                    ``(C) not a unit of the National Park System, a 
                National Preserve, or a National Monument.''; and
                    (C) by redesignating paragraphs (5) and (6) as 
                paragraphs (4) and (5), respectively;
            (2) in subsection (b)--
                    (A) in paragraph (1), by striking subparagraph (B) 
                and inserting the following:
                    ``(B) is a veteran who served during the period 
                beginning on August 5, 1964, and ending on May 7, 
                1975.'';
                    (B) by striking paragraph (2) and inserting the 
                following:
            ``(2) Deceased persons.--If an individual who would 
        otherwise have been eligible for an allotment under this 
        section dies before applying for an allotment, an heir of the 
        person may apply for, and receive, an allotment under this 
        section, on behalf of the estate of the person.''; and
                    (C) by striking paragraph (3) and inserting the 
                following:
            ``(3) Limitations.--No person who received an allotment or 
        has a pending allotment under the Act of May 17, 1906, may 
        receive an allotment under this section, other than--
                    ``(A) an heir who applies for, and receives, an 
                allotment on behalf of the estate of a deceased person 
                under paragraph (2); and
                    ``(B) a person who, prior to the date on which the 
                Secretary promulgates regulations pursuant to section 
                11(b) of the Alaska Native Claims Settlement 
                Improvement Act of 2017, received an allotment under 
                the Act of May 17, 1906 (34 Stat. 197, chapter 2469), 
                that has a total area of less than 160 acres.'';
            (3) by redesignating subsections (d) and (e) as subsections 
        (f) and (g), respectively;
            (4) by inserting after subsection (c) the following:
    ``(d) Approval of Allotments.--
            ``(1) In general.--Subject to any valid right in existence 
        on the date of enactment of the Alaska Native Claims Settlement 
        Improvement Act of 2017, and except as provided in paragraph 
        (3), not later than 5 years after the date of the enactment of 
        the Alaska Native Claims Settlement Improvement Act of 2017, 
        the Secretary shall--
                    ``(A) approve any application for an allotment 
                filed in accordance with subsection (a); and
                    ``(B) issue a certificate of allotment under such 
                terms, conditions, and restrictions as the Secretary 
                determines to be appropriate.
            ``(2) Notification.--Not later than 2 years after the date 
        of the enactment of the Alaska Native Claims Settlement 
        Improvement Act of 2017, on receipt of an application for an 
        allotment under this section, the Secretary shall provide to 
        any person or entity that has an interest in land described in 
        subsection (a)(2) that is potentially adverse to the interest 
        of the applicant a notice of the right of the person or entity, 
        by not later than 90 days after the date of receipt of the 
        notice--
                    ``(A) to initiate a private contest of the 
                allotment; or
                    ``(B) to file a protest against the allotment in 
                accordance with procedures established by the 
                Secretary.
            ``(3) Action by secretary.--If a private contest or protest 
        relating to an application for an allotment is initiated or 
        filed under paragraph (2), the Secretary shall not issue a 
        certificate for the allotment under paragraph (1)(B) until a 
        final determination has been made with respect to the private 
        contest or protest.
    ``(e) Reselection.--A person that selected an allotment under this 
section may withdraw that selection and reselect land in accordance 
with this section after the date of enactment of the Alaska Native 
Claims Settlement Improvement Act of 2017, if the land originally 
selected--
            ``(1) was selected before the date of enactment of the 
        Alaska Native Claims Settlement Improvement Act of 2017; and
            ``(2) as of the date of enactment of that Act, was not 
        conveyed to the person.''; and
            (5) by striking subsection (f), as designated by paragraph 
        (3) and inserting:
    ``(f) Definitions.--For the purposes of this section:
            ``(1) The term `veteran' means a person who served in the 
        active military, naval, or air service, and who was discharged 
        or released therefrom.
            ``(2) The term `Vietnam era' has the meaning given the term 
        by paragraph (29) of section 101 of title 38, United States 
        Code.''.
    (b) Regulations.--Not later than 1 year after the date of enactment 
of this Act, the Secretary of the Interior shall promulgate, after 
consultation with Alaska Native organizations, final regulations to 
carry out the amendments made by subsection (a). During the 
consultation process, the Secretary shall, in coordination with Alaska 
Native organizations and to the greatest extent possible, identify 
persons who are eligible to receive an allotment under the amendments 
made by subsection (a). Upon promulgation of the final regulations, the 
Secretary shall contact each of these persons directly to provide an 
explanation of the process by which the person may apply for an 
allotment under the amendments made by subsection (a).

SEC. 12. 13TH REGIONAL CORPORATION.

    (a) Definitions.--In this section, the terms ``Native'' and 
``Regional Corporation'' have the meanings given those terms in section 
3 of the Alaska Native Claims Settlement Act (43 U.S.C. 1602).
    (b) Authorization.--A Regional Corporation for Natives who are non-
residents of Alaska may be established for the thirteenth region in 
accordance with section 7(c) of the Alaska Native Claims Settlement Act 
(43 U.S.C. 1606(c)).
    (c) Meeting.--
            (1) In general.--Subject to paragraph (2), as soon as 
        practicable after the date of enactment of this Act, the 
        Secretary shall convene a meeting of the shareholders of the 
        Regional Corporation established pursuant to section 7(c) of 
        the Alaska Native Claims Settlement Act (43 U.S.C. 1606(c)) for 
        the purpose of the election of a board of directors.
            (2) Notice requirement.--In advance of the meeting under 
        paragraph (1), the Secretary shall notify the roll of current 
        shareholders of the Regional Corporation (as determined under 
        section 5(b) of the Alaska Native Claims Settlement Act (43 
        U.S.C. 1604(b))) of the time and place of the meeting.

SEC. 13. CHUGACH ALASKA CORPORATION LAND EXCHANGE POOL.

    (a) Definitions.--In this section:
            (1) CAC.--The term ``CAC'' means Chugach Alaska 
        Corporation.
            (2) CAC land.--The term ``CAC land'' means land conveyed to 
        CAC pursuant to the Alaska Native Claims Settlement Act (43 
        U.S.C. 1601 et seq.) in which--
                    (A) both the surface estate and the subsurface 
                estate were conveyed to CAC; or
                    (B)(i) the subsurface estate was conveyed to CAC; 
                and
                    (ii) the surface estate or a conservation easement 
                in the surface estate was acquired by the State or by 
                the United States as part of the Exxon Valdez Oil Spill 
                Trustee Council Habitat Protection and Acquisition 
                Program.
    (b) Study.--
            (1) In general.--Not later than 1 year after the date of 
        enactment of this Act, the Secretary of Agriculture, in 
        coordination with the Secretary and in consultation with CAC, 
        shall conduct a study to identify the impacts on CAC land that 
        resulted from changes in Federal law or Federal or State land 
        acquisitions in the Chugach region after December 1, 1980.
            (2) Study requirements.--
                    (A) In general.--The study described in paragraph 
                (1) shall--
                            (i) consider conflicts that have arisen 
                        between the management of Federal land in the 
                        Chugach region and CAC land;
                            (ii) include recommendations for a land 
                        exchange, including land exchange options that 
                        could be offered to CAC as consideration for 
                        the conveyance of existing property rights of 
                        CAC in exchange for other Federal land or 
                        property available for exchange; and
                            (iii) identify not less than 500,000 acres 
                        of economically viable Federal land, being 
                        managed by any Federal land management agency, 
                        in or outside the State that can be made 
                        available to CAC in exchange for any CAC land 
                        identified by CAC as available to the United 
                        States for exchange.
                    (B) Land exchange requirements.--Any land exchange 
                described in subparagraph (A) shall be pursuant to 
                mutual agreement of CAC and the United States and 
                consummated in accordance with all applicable legal 
                authorizations, except that any acre-for-acre exchange 
                of such Federal land for such CAC land shall be 
                conclusively deemed to be in the public interest.
    (c) Report.--Not later than 2 years after the date of enactment of 
this Act, the Secretary of Agriculture shall submit to the Committee on 
Energy and Natural Resources of the Senate and the Committee on Natural 
Resources of the House of Representatives a report containing the 
results of the study conducted under this section, the identification 
of Federal land for exchange, and any other recommendations as 
identified by the Secretary.

SEC. 14. DIVIDEND EXCLUSION INCREASE.

    Section 29(c)(A) of the Alaska Native Claims Settlement Act (43 
U.S.C. 1626(c)(A)) is amended by striking ``exceed $2,000 per 
individual per annum'' and inserting the following: ``exceed--
                    ``(i) for any calendar year preceding 2017, $2,000 
                per individual per annum; and
                    ``(ii) for calendar year 2017 and all subsequent 
                calendar years, $5,000 per individual per annum, to be 
                adjusted for inflation in fiscal year 2022, and every 5 
                years thereafter, by increasing the amount provided 
                under this subparagraph for the preceding year by the 
                percentage increase in the Consumer Price Index for All 
                Urban Consumers, as published by the Bureau of Labor 
                Statistics, during the preceding 5-year period.''.

SEC. 15. FRACTIONAL SHARES.

    (a) In General.--Section 7(h) of the Alaska Native Claims 
Settlement Act (43 U.S.C. 1606(h)) is amended--
            (1) in paragraph (2)(A), by inserting ``, subject to 
        paragraph (4)'' after ``pursuant to applicable laws of 
        intestate succession'';
            (2) by redesignating paragraph (4) as paragraph (5); and
            (3) by inserting after paragraph (3) the following:
            ``(4) Fractional shares.--
                    ``(A) In general.--Notwithstanding any State law 
                regarding fractional shares, a Regional Corporation is 
                authorized to issue a full share of any class of stock, 
                for no consideration, in exchange for a fractional 
                share of the same class of stock, held by any 
                shareholder, as long as the Regional Corporation 
                exchanges all fractional shares of a class of stock for 
                full shares of the same class of stock at the same 
                time.
                    ``(B) Elimination of fractional shares.--A Regional 
                Corporation shall be authorized, after taking the 
                action specified in subparagraph (A) for any class of 
                stock, to adopt, by resolution of the board of 
                directors of the Regional Corporation, a policy that 
                provides for the elimination of fractional shares that 
                would result by will or the laws of intestate 
                succession by--
                            ``(i) issuing a full share in lieu of any 
                        fractional share that would otherwise result 
                        from the application of a will or the intestacy 
                        laws; or
                            ``(ii) issuing the maximum number of full 
                        shares possible to each devisee or beneficiary 
                        in the manner specified in a will or under the 
                        applicable intestacy laws, and, if any shares 
                        remain unissued, then issuing any such 
                        remaining shares as full shares only, in 
                        accordance with a process specified in the 
                        resolution that may reflect, in the discretion 
                        of the board of directors, local customs, 
                        traditions, and laws.
                    ``(C) No legal cause of action.--No action taken by 
                a Regional Corporation under subparagraph (A) or (B) 
                shall provide a legal cause of action to any 
                shareholder of the Regional Corporation against either 
                the Regional Corporation or its board of directors.
                    ``(D) Preemption of state law.--The provisions of 
                this paragraph shall preempt State law with respect to 
                fractional shares of Regional Corporations.''.
    (b) Conforming Amendment.--Section 8(c) of the Alaska Native Claims 
Settlement Act (43 U.S.C. 1607(c)) is amended by striking ``paragraph 
(4)'' and inserting ``paragraph (5)''.

SEC. 16. REINSTATEMENT OF DISSOLVED VILLAGE OR GROUP CORPORATIONS.

    Section 3 of the Alaska Native Claims Settlement Act (43 U.S.C. 
1602) is amended by striking subsection (j) and inserting the 
following:
    ``(j) Village Corporation.--The term `Village Corporation'--
            ``(1) means an Alaska Native Village Corporation organized 
        under the laws of the State of Alaska as a business for profit 
        or nonprofit corporation to hold, invest, manage, or distribute 
        lands, property, funds, and other rights and assets for and on 
        behalf of a Native village in accordance with the terms of this 
        Act; and
            ``(2) shall include any successor corporation of a Village 
        Corporation involuntarily dissolved under the laws of the State 
        of Alaska if--
                    ``(A) the successor has received all or 
                substantially all the assets of the original Village 
                Corporation;
                    ``(B) the shareholders of the successor are 
                comprised of all shareholders of record or heirs of 
                such shareholders at the time of such involuntary 
                dissolution; and
                    ``(C) the successor corporation is organized under 
                the laws of the State of Alaska;''.
                                 <all>