S 3016 · 95th Congress · Native Americans
Alaska Native Claims Settlement Act Amendments
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Energy and Natural Resources.(1978-05-01)
Plain Language Summary
[AI summary unavailable — showing source text]
Alaska Native Claims Settlement Act Amendments - Amends the Alaska Native Claims Settlement Act to stipulate that, upon the cancellation of stock in a Regional Corporation on December 18, 1991, and issuance of new shares, as is now provided for by such Act, certain restrictions may be imposed on such new shares. Includes among the restrictions which shareholders may impose: (1) the denial of voting rights to non-Native shareholders; and (2) restrictions on alienation of such stock. Authorizes a shareholder who is a member of a profession which limits the ability of such shareholder to practice such profession while owning stock in a Regional Corporation, to transfer such stock in order to practice his or her profession. Stipulates that a Village Corporation shall first convey to the occupants, specified titles to the surface estates in the tracts occupied by such occupants as of December 18, 1971. Authorizes payment to the prevailing party in any action under the Act brought by or against the United States of such a sum as will in the opinion of the court reimburse such party for reasonable costs, including attorney fees. Stipulates that all rents, royalties, profits, and other rev…
Summarized by Claude AI · Non-partisan · For informational purposes only