A bill to amend the Alaska Native Claims Settlement Act to provide that Alexander Creek, Incorporated, is recognized as a Village Corporation under that Act, and for other purposes.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This bill amends the Alaska Native Claims Settlement Act to officially recognize Alexander Creek, Incorporated, as a Village Corporation. It establishes Alexander Creek village as a Native village and requires the company to amend its corporate charter to reflect this change. The Secretary of the Interior is directed to negotiate an agreement with Alexander Creek, Incorporated, to settle aboriginal land claims and other claims against the United States, with a deadline of 13 months after the bill’s enactment, aiming for parity with similar agreements.
Key provisions
- Recognizes Alexander Creek, Incorporated, as a Village Corporation under the Alaska Native Claims Settlement Act.
- Recognizes Alexander Creek village as a Native village.
- Requires Alexander Creek, Incorporated, to amend its corporate charter to become a Village Corporation.
- Directs the Secretary of the Interior to negotiate an agreement with Alexander Creek, Incorporated, to settle claims.
- Sets a 13-month deadline for the Secretary and Alexander Creek, Incorporated, to reach a settlement agreement.
- Requires the settlement agreement to aim for parity in value with other Village Corporation agreements.
- Addresses the transfer of surplus federal property to Alexander Creek, Incorporated.
- Modifies shareholder benefits, ceasing at-large shareholder payments from Cook Inlet Region, Incorporated.
Who is affected
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