To amend certain laws relating to Native Americans, and for other purposes.

[AI summary unavailable — showing source text] Authorizes the Secretary of the Interior to annually disburse to the Colorado River Indian Tribes funds from revenues deposited into the Treasury pursuant to the Southern California Indian Land Transfer Act from power operations on the Tribes' reservation. Requires such disbursement to: (1) be used to fund the Office of the Colorado Indian Tribes Reservation Energy Development; (2) not affect funds held from any other irrigation project; (3) not exceed $200,000 annually; and (4) be disbursed in years that the revenues deposited exceed the amount required to carry out the purposes for which they were deposited. Authorizes the Sault Ste. Marie Tribe of Chippewa Indians of Michigan and the Lac du Flambeau Band of Lake Superior Chippewa Indians Wisconsin to transfer, lease, encumber, or convey their interest in real property that is not held in trust by the United States for the benefit of the Tribes. Exempts from lease term requirements leases for land held in trust for the Morongo Band of Mission Indians and the Cow Creek Band of Umpqua Tribe of Indians. Amends the Alaska Native Claims Settlement Act to revise provisions concerning the issuance by the Regional Corporation of shares o…