HR 41 — Unrecognized Southeast Alaska Native Communities Recognition and Compensation Act

changes in existing law made by 
the bill, as reported, are shown as follows (existing law 
proposed to be omitted is enclosed in black brackets, new 
matter is printed in italics, and existing law in which no 
change is proposed is shown in roman):

 ALASKA NATIVE CLAIMS SETTLEMENT ACT

 * * * * * * *
 regional corporations

 Sec. 7. (a) For purposes of this Act, the State of Alaska 
shall be divided by the Secretary within one year after the 
date of enactment at this Act into twelve geographic regions, 
with each region composed as far as practicable of Natives 
having a common heritage and sharing common interests. In the 
absence of good cause shown to the contrary, such regions shall 
approximate the areas covered by the operations of the 
following existing Native associations:
 (1) Arctic Slope Native Association (Barrow, Point 
 Hope);
 (2) Bering Straits Association (Seward Peninsula, 
 Unalakleet, Saint Lawrence Island);
 (3) Northwest Alaska Native Association (Kotzebue);
 (4) Association of Village Council Presidents 
 (southwest coast, all villages in the Bethel area, 
 including all villages on the Lower Yukon River and the 
 Lower Kuskokwim River);
 (5) Tanana Chiefs' Conference (Koyukuk, Middle and 
 Upper Yukon Rivers, Upper Kuskokwim, Tanana River);
 (6) Cook Inlet Association (Kenai, Tyonek, Eklutna, 
 Iliamna);
 (7) Bristol Bay Native Association (Dillingham, Upper 
 Alaska Peninsula);
 (8) Aleut League (Aleutian Islands, Pribilof Islands 
 and that part of the Alaska Peninsula which is in the 
 Aleut League);
 (9) Chugach Native Association (Cordova, Tatitlek, 
 Port Graham, English Bay, Valdez, and Seward);
 (10) Tlingit-Haida Central Council (southeastern 
 Alaska, including Metlakatla);
 (11) Kodiak Area Native Association (all villages on 
 and around Kodiak Island); and
 (12) Copper River Native Association (Copper Center, 
 Glennallen, Chitina, Mentasta).
Any dispute over the boundaries of a region or regions shall be 
resolved by a board of arbitrators consisting of one person 
selected by each of the Native associations involved, and an 
additional one or two persons, whichever is needed to make an 
odd number of arbitrators, such additional person or persons to 
be selected by the arbitrators selected by the Native 
associations involved.
 (b) The Secretary may, on request made within one year of the 
date of enactment of this Act, by representative and 
responsible leaders of the Native associations listed in 
subsection (a), merge two or more of the twelve regions: 
Provided, That the twelve regions may not be reduced to less 
than seven, and there may be no fewer than seven Regional 
Corporations.
 (c) If a majority of all eligible Natives eighteen years of 
age or older who are not permanent residents of Alaska elect, 
pursuant to subsection 5(c), to be enrolled in a thirteenth 
region for Natives who are non-residents of Alaska, the 
Secretary shall establish such a region for the benefit of the 
Natives who elected to be enrolled therein, and they may 
establish a Regional Corporation pursuant to this Act.
 (d) Five incorporators within each region, named by the 
Native association in the region, shall incorporate under the 
laws of Alaska a Regional Corporation to conduct business for 
profit, which shall be eligible for the benefits of this Act so 
long as it is organized and functions in accordance with this 
Act. The articles of incorporation shall include provisions 
necessary to carry out the terms of this Act.
 (e) The original articles of incorporation and bylaws shall 
be approved by the Secretary before they are filed, and they 
shall be submitted for approval within eighteen months after 
the date of enactment of this Act. The articles of 
incorporation may not be amended during the Regional 
Corporation's first five years without the approval of the 
Secretary. The Secretary may withhold approval under this 
section if in his judgment inequities among Native individuals 
or groups of Native individuals would be created.
 (f) The management of the Regional Corporation shall be 
vested in a board of directors, all of whom, with the exception 
of the initial board, shall be stockholders over the age of 
eighteen. The number, terms, and method of election of members 
of the board of directors shall be fixed in the articles of 
incorporation or bylaws of the Regional Corporation.
 (g)(1) Settlement Common Stock.--(A) The Regional Corporation 
shall be authorized to issue such number of shares of 
Settlement Common Stock (divided into such classes as may be 
specified in the articles of incorporation to reflect the 
provisions of this Act) as may be needed to issue one hundred 
shares of stock to each Native enrolled in the region pursuant 
to section 5.
 (B)(i) A Regional Corporation may amend its articles of 
incorporation to authorize the issuance of additional shares of 
Settlement Common Stock to--
 (I) Natives born after December 18, 1971, and, at the 
 further option of the Corporation, descendants of 
 Natives born after December 18, 1971,
 (II) Natives who were eligible for enrollment 
 pursuant to section 5 but were not so enrolled, or
 (III) Natives who have attained the age of 65,
for no consideration or for such consideration and upon such 
terms and conditions as may be specified in such amendment or 
in a resolution approved by the board of directors pursuant to 
authority expressly vested in the board by the amendment. The 
amendment to the articles of incorporation may specify which 
class of Settlement Common Stock shall be issued to the various 
groups of Natives.
 (ii) Not more than one hundred shares of Settlement Common 
Stock shall be issued to any one individual pursuant to clause 
(i).
 (iii) Conditions on certain stock.--
 (I) In general.--An amendment under clause 
 (i) may provide that Settlement Common Stock 
 issued to a Native pursuant to the amendment 
 (or stock issued in exchange for that 
 Settlement Common Stock pursuant to subsection 
 (h)(3) or section 29(c)(3)(D)) shall be subject 
 to 1 or more of the conditions described in 
 subclause (II).
 (II) Conditions.--A condition referred to in 
 subclause (I) is a condition that--
 (aa) the stock described in that 
 subclause shall be deemed to be 
 canceled on the death of the Native to 
 whom the stock is issued, and no 
 compensation for the cancellation shall 
 be paid to the estate of the deceased 
 Native or any person holding the stock;
 (bb) the stock shall carry limited or 
 no voting rights; and
 (cc) the stock shall not be 
 transferred by gift under subsection 
 (h)(1)(C)(iii).
 (iv) Settlement Common Stock issued pursuant to clause (i) 
shall not carry rights to share in distributions made to 
shareholders pursuant to subsections (j) and (m) unless, prior 
to the issuance of such stock, a majority of the class of 
existing holders of Settlement Common Stock carrying such 
rights separately approve the granting of such rights. The 
articles of incorporation of the Regional Corporation shall be 
deemed to be amended to authorize such class vote.
 (C)(i) A Regional Corporation may amend its articles of 
incorporation to authorize the issuance of additional shares of 
Settlement Common Stock as a dividend or other distribution 
(without regard to surplus of the corporation under the laws of 
the State) upon each outstanding share of Settlement Common 
Stock issued pursuant to subparagraphs (A) and (B).
 (ii) The amendment authorized by clause (i) may provide that 
shares of Settlement Common Stock issued as a dividend or other 
distribution shall constitute a separate class of stock with 
greater per share voting power than Settlement Common Stock 
issued pursuant to subparagraphs (A) and (B).
 (2) Other Forms of Stock.--(A) A Regional Corporation may 
amend its articles of incorporation to authorize the issuance 
of shares of stock other than Settlement Common Stock in 
accordance with the provisions of this paragraph. Such 
amendment may provide that--
 (i) preemptive rights of shareholders under the laws 
 of the State shall not apply to the issuance of such 
 shares, or
 (ii) issuance of such shares shall permanently 
 preclude the corporation from--
 (I) conveying assets to a Settlement Trust, 
 or
 (II) issuing shares of stock without adequate 
 consideration as required under the laws of the 
 State.
 (B) The amendment authorized by subparagraph (A) may provide 
that the stock to be issued shall be one or more of the 
following--
 (i) divided into classes and series within classes, 
 with preferences, limitations, and relative rights, 
 including, without limitation--
 (I) dividend rights,
 (II) voting rights, and
 (III) liquidation preferences;
 (ii) made subject to one or more of--
 (I) the restrictions on alienation described 
 in clauses (i), (ii), and (iv) of subsection 
 (h)(1)(B), and
 (II) the restriction described in paragraph 
 (1)(B)(iii); and
 (iii) restricted in issuance to--
 (I) Natives who have attained the age of 
 sixty-five;
 (II) other identifiable groups of Natives or 
 identifiable groups of descendants of Natives 
 defined in terms of general applicability and 
 not in any way by reference to place of 
 residence or family;
 (III) Settlement Trusts; or
 (IV) entities established for the sole 
 benefit of Natives or descendants of Natives, 
 in which the classes of beneficiaries are 
 defined in terms of general applicability and 
 not in any way by reference to place of 
 residence, family, or position as an officer, 
 director, or employee of a Native Corporation.
 (C) The amendment authorized by subparagraph (A) shall 
provide that the additional shares of stock shall be issued--
 (i) as a dividend or other distribution (without 
 regard to surplus of the corporation under the laws of 
 the State) upon all outstanding shares of stock of any 
 class or series, or
 (ii) for such consideration as may be permitted by 
 law (except that this requirement may be waived with 
 respect to issuance of stock to the individuals or 
 entities described in subparagraph (B)(iii)).
 (D) During any period in which alienability restrictions are 
in effect, no stock whose issuance is authorized by 
subparagraph (A) shall be--
 (i) issued to, or for the benefit of, a group of 
 individuals composed only or principally of employees, 
 officers, and directors of the corporation; or
 (ii) issued more than thirteen months after the date 
 on which the vote of the shareholders on the amendment 
 authorizing the issuance of such stock occurred if, as 
 a result of the issuance, the outstanding shares of 
 Settlement Common Stock will represent less than a 
 majority of the total voting power of the corporation 
 for the purpose of electing directors.
 (3) Disclosure Requirements.--(A) An amendment to the 
articles of incorporation of a Regional Corporation authorized 
by paragraph (2) shall specify--
 (i) the maximum number of shares of any class or 
 series of stock that may be issued, and
 (ii) the maximum number of votes that may be held by 
 such shares.
 (B)(i) If the board of directors of a Regional Corporation 
intends to propose an amendment pursuant to paragraph (2) which 
would authorize the issuance of classes or series of stock 
that, singly or in combination, could cause the outstanding 
shares of Settlement Common Stock to represent less than a 
majority of the total voting power of the corporation for the 
purposes of electing directors, the shareholders of such 
corporation shall be expressly so informed.
 (ii) Such information shall be transmitted to the 
shareholders in a separate disclosure statement or in another 
informational document in writing or in recorded sound form 
both in English and any Native language used by a shareholder 
of such corporation. Such statement or informational document 
shall be transmitted to the shareholders at least sixty days 
prior to the date on which such proposal is to be submitted for 
a vote.
 (iii) If not later than thirty days after issuance of such 
disclosure statement or informational document the board of 
directors receives a prepared concise statement setting forth 
arguments in opposition to the proposed amendment together with 
a request for distribution thereof signed by the holders of at 
least 10 per centum of the outstanding shares of Settlement 
Common Stock, the board shall either distribute such statement 
to the shareholders or provide to the requesting shareholders a 
list of all shareholder's names and addresses so that the 
requesting shareholders may distribute such statement.
 (4) Savings.--(A)(i) No shares of stock issued pursuant to 
paragraphs (1)(C) and (2) shall carry rights to share in 
distributions made to shareholders pursuant to subsections (j) 
and (m). No shares of stock issued pursuant to paragraph (1)(B) 
shall carry such rights unless authorized pursuant to paragraph 
(1)(B)(iv).
 (ii) Notwithstanding the issuance of additional shares of 
stock pursuant to paragraphs (1)(B), (1)(C), or (2), a Regional 
Corporation shall apply the ratio last computed pursuant to 
subsection (m) prior to the date of the enactment of the Alaska 
Native Claims Settlement Act Amendments of 1987 for purposes of 
distributing funds pursuant to subsections (j) and (m).
 (B) The issuance of additional shares of stock pursuant to 
paragraphs (1)(B), (1)(C), or (2) shall not affect the division 
and distribution of revenues pursuant to subsection (i).
 (C) No provision of this Act shall limit the right of a 
Regional Corporation to take an action authorized by the laws 
of the State unless such action is inconsistent with the 
provisions of this Act.
 (h)(1) Rights and Restrictions.--(A) Except as otherwise 
expressly provided in this Act, Settlement Common Stock of a 
Regional Corporation shall--
 (i) carry a right to vote in elections for the board 
 of directors and on such other questions as properly 
 may be presented to shareholders;
 (ii) permit the holder to receive dividends or other 
 distributions from the corporation; and
 (iii) vest in the holder all rights of a shareholder 
 in a business corporation organized under the laws of 
 the State.
 (B) Except as otherwise provided in this subsection, 
Settlement Common Stock, inchoate rights thereto, and rights to 
dividends or distributions declared with respect thereto shall 
not be--
 (i) sold;
 (ii) pledged;
 (iii) subjected to a lien or judgment execution;
 (iv) assigned in present or future;
 (v) treated as an asset under--
 (I) title 11 of the United States Code or any 
 successor statute,
 (II) any other insolvency or moratorium law, 
 or
 (III) other laws generally affecting 
 creditors' rights; or
 (vi) otherwise alienated.
 (C) Notwithstanding the restrictions set forth in 
subparagraph (B), Settlement Common Stock may be transferred to 
a Native or a descendant of a Native--
 (i) pursuant to a court decree of separation, 
 divorce, or child support;
 (ii) by a holder who is a member of a professional 
 organization, association, or board that limits his or 
 her ability to practice his or her profession because 
 he or she holds Settlement Common Stock; or
 (iii) as an inter vivos gift from a holder to his or 
 her child, grandchild, great-grandchild, niece, nephew, 
 or (if the holder has reached the age of majority as 
 defined by the laws of the State of Alaska) brother or 
 sister, notwithstanding an adoption, relinquishment, or 
 termination of parental rights that may have altered or 
 severed the legal relationship between the gift donor 
 and recipient.
 (2) Inheritance of Settlement Common Stock.--(A) Upon the 
death of a holder of Settlement Common Stock, ownership of such 
stock (unless canceled in accordance with subsection 
(g)(1)(B)(iii)) shall be transferred in accordance with the 
lawful will of such holder or pursuant to applicable laws of 
intestate succession. If the holder fails to dispose of his or 
her stock by will and has no heirs under applicable laws of 
intestate succession, the stock shall escheat to the issuing 
Regional Corporation and be canceled.
 (B) The issuing Regional Corporation shall have the right to 
purchase at fair value Settlement Common Stock transferred 
pursuant to applicable laws of intestate succession to a person 
not a Native or a descendant of a Native after the date of the 
enactment of the Alaska Native Claims Settlement Act Amendments 
of 1987 if--
 (i) the corporation--
 (I) amends its articles of incorporation to 
 authorize such purchases, and
 (II) gives the person receiving such stock 
 written notice of its intent to purchase within 
 ninety days after the date that the corporation 
 either determines the decedent's heirs in 
 accordance with the laws of the State or 
 receives notice that such heirs have been 
 determined, whichever later occurs; and
 (ii) the person receiving such stock fails to 
 transfer the stock pursuant to paragraph (1)(C)(iii) 
 within sixty days after receiving such written notice.
 (C) Settlement Common Stock of a Regional Corporation--
 (i) transferred by will or pursuant to applicable 
 laws of intestate succession after the date of the 
 enactment of the Alaska Native Claims Settlement Act 
 Amendments of 1987, or
 (ii) transferred by any means prior to the date of 
 the enactment of the Alaska Native Claims Settlement 
 Act Amendments of 1987,
to a person not a Native or a descendant of a Native shall not 
carry voting rights. If at a later date such stock is lawfully 
transferred to a Native or a descendant of a Native, voting 
rights shall be automatically restored.
 (3) Replacement Common Stock.--(A) On the date on which 
alienability restrictions terminate in accordance with the 
provisions of section 37, all Settlement Common Stock 
previously issued by a Regional Corporation shall be deemed 
canceled, and shares of Replacement Common Stock of the 
appropriate class shall be issued to each shareholder, share 
for share, subject only to subparagraph (B) and to such 
restrictions consistent with this Act as may be provided by the 
articles of incorporation of the corporation or in agreements 
between the corporation and individual shareholders.
 (B)(i) Replacement Common Stock issued in exchange for 
Settlement Common Stock issued subject to the restriction 
authorized by subsection (g)(1)(B)(iii) shall bear a legend 
indicating that the stock will eventually be canceled in 
accordance with the requirements of that subsection.
 (ii) Prior to the termination of alienability restrictions, 
the board of directors of the corporation shall approve a 
resolution to provide that each share of Settlement Common 
Stock carrying the right to share in distributions made to 
shareholders pursuant to subsections (j) and (m) shall be 
exchanged either for--
 (I) a share of Replacement Common Stock that carries 
 such right, or
 (II) a share of Replacement Common Stock that does 
 not carry such right together with a separate, non-
 voting security that represents only such right.
 (iii) Replacement Common Stock issued in exchange for a class 
of Settlement Common Stock carrying greater per share voting 
power than Settlement Common Stock issued pursuant to 
subsections (g)(1)(A) and (g)(1)(B) shall carry such voting 
power and be subject to such other terms as may be provided in 
the amendment to the articles of incorporation authorizing the 
issuance of such class of Settlement Common Stock.
 (C) The articles of incorporation of the Regional Corporation 
shall be deemed amended to authorize the issuance of 
Replacement Common Stock and the security described in 
subparagraph (B)(ii)(II).
 (D) Prior to the date on which alienability restrictions 
terminate, a Regional Corporation may amend its articles of 
incorporation to impose upon Replacement Common Stock one or 
more of the following--
 (i) a restriction denying voting rights to any holder 
 of Replacement Common Stock who is not a Native or a 
 descendant of a Native;
 (ii) a restriction granting the Regional Corporation, 
 or the Regional Corporation and members of the 
 shareholder's immediate family who are Natives or 
 descendants of Natives, the first right to purchase, on 
 reasonable terms, the Replacement Common Stock of the 
 shareholder prior to the sale or transfer of such stock 
 (other than a transfer by will or intestate succession) 
 to any other party, including a transfer in 
 satisfaction of a lien, writ of attachment, judgment 
 execution, pledge, or other encumbrance; and
 (iii) any other term, restriction, limitation, or 
 provision authorized by the laws of the State.
 (E) Replacement Common Stock shall not be subjected to a lien 
or judgment execution based upon any asserted or unasserted 
legal obligation of the original recipient arising prior to the 
issuance of such stock.
 (4)(A) As used in this paragraph, the term ``Cook Inlet 
Regional Corporation'' means Cook Inlet Region, Incorporated.
 (B) The Cook Inlet Regional Corporation may, by an amendment 
to its articles of incorporation made in accordance with the 
voting standards under section 36(d)(1), purchase Settlement 
Common Stock of the Cook Inlet Regional Corporation and all 
rights associated with the stock from the shareholders of Cook 
Inlet Regional Corporation in accordance with any provisions 
included in the amendment that relate to the terms, procedures, 
number of offers to purchase, and timing of offers to purchase.
 (C) Subject to subparagraph (D), and notwithstanding 
paragraph (1)(B), the shareholders of Cook Inlet Regional 
Corporation may, in accordance with an amendment made pursuant 
to subparagraph (B), sell the Settlement Common Stock of the 
Cook Inlet Regional Corporation to itself.
 (D) No sale or purchase may be made pursuant to this 
paragraph without the prior approval of the board of directors 
of Cook Inlet Regional Corporation. Except as provided in 
subparagraph (E), each sale and purchase made under this 
paragraph shall be made pursuant to an offer made on the same 
terms to all holders of Settlement Common Stock of the Cook 
Inlet Regional Corporation.
 (E) To recognize the different rights that accrue to any 
class or series of shares of Settlement Common Stock owned by 
stockholders who are not residents of a Native village 
(referred to in this paragraph as ``non-village shares''), an 
amendment made pursuant to subparagraph (B) shall authorize the 
board of directors (at the option of the board) to offer to 
purchase--
 (i) the non-village shares, including the right to 
 share in distributions made to shareholders pursuant to 
 subsections (j) and (m) (referred to in this paragraph 
 as ``nonresident distribution rights''), at a price 
 that includes a premium, in addition to the amount that 
 is offered for the purchase of other village shares of 
 Settlement Common Stock of the Cook Inlet Regional 
 Corporation, that reflects the value of the nonresident 
 distribution rights; or
 (ii) non-village shares without the nonresident 
 distribution rights associated with the shares.
 (F) Any shareholder who accepts an offer made by the board of 
directors pursuant to subparagraph (E)(ii) shall receive, with 
respect to each non-village share sold by the shareholder to 
the Cook Inlet Regional Corporation--
 (i) the consideration for a share of Settlement 
 Common Stock offered to shareholders of village shares; 
 and
 (ii) a security for only the nonresident rights that 
 attach to such share that does not have attached voting 
 rights (referred to in this paragraph as a ``non-voting 
 security'').
 (G) An amendment made pursuant to subparagraph (B) shall 
authorize the issuance of a non-voting security that--
 (i) shall, for purposes of subsections (j) and (m), 
 be treated as a non-village share with respect to--
 (I) computing distributions under such 
 subsections; and
 (II) entitling the holder of the share to the 
 proportional share of the distributions made 
 under such subsections;
 (ii) may be sold to Cook Inlet Region, Inc.; and
 (iii) shall otherwise be subject to the restrictions 
 under paragraph (1)(B).
 (H) Any shares of Settlement Common Stock purchased pursuant 
to this paragraph shall be canceled on the conditions that--
 (i) non-village shares with the nonresident rights 
 that attach to such shares that are purchased pursuant 
 to this paragraph shall be considered to be--
 (I) outstanding shares; and
 (II) for the purposes of subsection (m), 
 shares of stock registered on the books of the 
 Cook Inlet Regional Corporation in the names of 
 nonresidents of villages;
 (ii) any amount of funds that would be distributable 
 with respect to non-village shares or non-voting 
 securities pursuant to subsection (j) or (m) shall be 
 distributed by Cook Inlet Regional Corporation to 
 itself; and
 (iii) village shares that are purchased pursuant to 
 this paragraph shall be considered to be--
 (I) outstanding shares, and
 (II) for the purposes of subsection (k) 
 shares of stock registered on the books of the 
 Cook Inlet Regional Corporation in the names of 
 the residents of villages.
 (I) Any offer to purchase Settlement Common Stock made 
pursuant to this paragraph shall exclude from the offer--
 (i) any share of Settlement Common Stock held, at the 
 time the offer is made, by an officer (including a 
 member of the board of directors) of Cook Inlet 
 Regional Corporation or a member of the immediate 
 family of the officer; and
 (ii) any share of Settlement Common Stock held by any 
 custodian, guardian, trustee, or attorney representing 
 a shareholder of Cook Inlet Regional Corporation in 
 fact or law, or any other similar person, entity, or 
 representative.
 (J)(i) The board of directors of Cook Inlet Regional 
Corporation, in determining the terms of an offer to purchase 
made under this paragraph, including the amount of any premium 
paid with respect to a non-village share, may rely upon the 
good faith opinion of a recognized firm of investment bankers 
or valuation experts.
 (ii) Neither Cook Inlet Regional Corporation nor a member of 
the board of directors or officers of Cook Inlet Regional 
Corporation shall be liable for damages resulting from terms 
made in an offer made in connection with any purchase of 
Settlement Common Stock if the offer was made--
 (I) in good faith;
 (II) in reliance on a determination made pursuant to 
 clause (i); and
 (III) otherwise in accordance with this paragraph.
 (K) The consideration given for the purchase of Settlement 
Common Stock made pursuant to an offer to purchase that 
provides for such consideration may be in the form of cash, 
securities, or a combination of cash and securities, as 
determined by the board of directors of Cook Inlet Regional 
Corporation, in a manner consistent with an amendment made 
pursuant to subparagraph (B).
 (L) Sale of Settlement Common Stock in accordance with this 
paragraph shall not diminish a shareholder's status as an 
Alaska Native or descendant of a Native for the purpose of 
qualifying for those programs, benefits and services or other 
rights or privileges set out for the benefit of Alaska Natives 
and Native Americans. Proceeds from the sale of Settlement 
Common Stock shall not be excluded in determining eligibility 
for any needs-based programs that may be provided by Federal, 
State or local agencies.
 (i)(1)(A) Except as provided by subparagraph (B), 70 percent 
of all revenues received by each Regional Corporation from the 
timber resources and subsurface estate patented to it pursuant 
to this Act shall be divided annually by the Regional 
Corporation among all twelve Regional Corporations organized 
pursuant to this section according to the number of Natives 
enrolled in each region pursuant to section 5. The provisions 
of this subsection shall not apply to the thirteenth Regional 
Corporation if organized pursuant to subsection (c) hereof.
 (B) In the case of the sale, disposition, or other use of 
common varieties of sand, gravel, stone, pumice, peat, clay, or 
cinder resources made during a fiscal year ending after the 
date of enactment of this subparagraph, the revenues received 
by a Regional Corporation shall not be subject to division 
under subparagraph (A). Nothing in this subparagraph is 
intended to or shall be construed to alter the ownership of 
such sand, gravel, stone, pumice, peat, clay, or cinder 
resources.
 (2) For purposes of this subsection, the term 
 ``revenues'' does not include any benefit received or 
 realized for the use of losses incurred or credits 
 earned by a Regional Corporation.
 [(j) During] (j) Distribution of Corporate Funds and Other 
Net Income._
 (1) In general._During the five years following the 
 enactment of this Act, not less than 10% of all 
 corporate funds received by each of the twelve Regional 
 Corporations under section 6 (Alaska Native Fund), and 
 under subsection (i) (revenues from the timber 
 resources and subsurface estate patented to it pursuant 
 to this Act), and all other net income, shall be 
 distributed among the stockholders of the twelve 
 Regional Corporations. [Not less]
 (2) Minimum allocation._Not less than 45% of funds 
 from such sources during the first five-year period, 
 and 50% thereafter, shall be distributed among the 
 Village Corporations in the region and the class of 
 stockholders who are not residents of those villages, 
 as provided in subsection to it. [In the case]
 (3) Thirteenth regional corporation._In the case of 
 the thirteenth Regional Corporation, if organized, not 
 less than 50% of all corporate funds received under 
 section 6 shall be distributed to the stockholders.
 (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.
 (k) Funds distributed among the Village Corporations shall be 
divided among them according to the ratio that the number of 
shares of stock registered on the books of the Regional 
Corporation in the names of residents of each village bears to 
the number of shares of stock registered in the names of 
residents in all villages.
 (l) Funds distributed to a Village Corporation may be 
withheld until the village has submitted a plan for the use of 
the money that is satisfactory to the Regional Corporation. The 
Regional Corporation may require a village plan to provide for 
joint ventures with other villages, and for joint financing of 
projects undertaken by the Regional Corporation that will 
benefit the region generally. In the event of disagreement over 
the provisions of the plan, the issues in disagreement shall be 
submitted to arbitration, as shall be provided for in the 
articles of incorporation of the Regional Corporation.
 (m) When funds are distributed among Village Corporations in 
a region, an amount computed as follows shall be distributed as 
dividends to the class of stockholders who are not residents of 
those villages: The amount distributed as dividends shall bear 
the same ratio to the amount distributed among the Village 
Corporations that the number of shares of stock registered on 
the books of the Regional Corporation in the names on 
nonresidents of villages bears to the number of shares of stock 
registered in the names of village residents: Provided, That an 
equitable portion of the amount distributed as dividends may be 
withheld and combined with Village Corporation funds to finance 
projects that will benefit the region generally.
 (n) The Regional Corporation may undertake on behalf of one 
or more of the Village Corporations in the region any project 
authorized and financed by them.
 (o) The accounts of the Regional Corporation shall be audited 
annually in accordance with generally accepted auditing 
standards by independent certified public accountants or 
independent licensed public accountants, certified or licensed 
by a regulatory authority of the State or the United States. 
The audits shall be conducted at the place or places where the 
accounts of the Regional Corporation are normally kept. All 
books, accounts, financial records, reports, files, and other 
papers, things, or property belonging to or in use by the 
Regional Corporation and necessary to facilitate the audits 
shall be available to the person or persons conducting the 
audits; and full facilities for verifying transactions with the 
balances or securities held by depositories, fiscal agent, and 
custodians shall be afforded to such person or persons. Each 
audit report or a fair and reasonably detailed summary thereof 
shall be transmitted to each stockholder.
 (p) In the event of any conflict between the provisions of 
this section and the laws of the State of Alaska, the 
provisions of this section shall prevail.
 (q) Two or more Regional Corporations may contract with the 
same business management group for investment services and 
advice regarding the investment of corporate funds.
 (r) Benefits for Shareholders or Immediate Families.--The 
authority of a Native Corporation to provide benefits to its 
shareholders who are Natives or descendants of Natives or to 
its shareholders' immediate family members who are Natives or 
descendants of Natives to promote the health, education, or 
welfare of such shareholders or family members is expressly 
authorized and confirmed. Eligibility for such benefits need 
not be based on share ownership in the Native Corporation and 
such benefits may be provided on a basis other than pro rata 
based on share ownership.
 (s) Effect of Amendatory Act.--The Unrecognized Southeast 
Alaska Native Communities Recognition and Compensation Act and 
the amendments made by that Act shall not affect--
 (1) the ratio for determination of revenue 
 distribution among Native Corporations under this 
 section; or
 (2) the settlement agreement among Regional 
 Corporations or Village Corporations or other 
 provisions of subsection (i) or (j).

 village corporations

 Sec. 8. (a) The Native residents of each Native village 
entitled to receive lands and benefits under this Act shall 
organize as a business for profit or nonprofit corporation 
under the laws of the State before the Native village may 
receive patent to lands or benefits under this Act, except as 
otherwise provided.
 (b) The initial articles of incorporation for each Village 
Corporation shall be subject to the approval of the Regional 
Corporation for the region in which the village is located. 
Amendments to the articles of incorporation and the annual 
budgets of the Village Corporations shall, for a period of five 
years, be subject to review and approval by the Regional 
Corporation. The Regional Corporation shall assist and advise 
Native villages in the preparation of articles of incorporation 
and other documents necessary to meet the requirements of this 
subsection.
 (c) Applicability of Section 7.--The provisions of 
subsections (g), (h) (other than paragraph (4)), and (o) of 
section 7 shall apply in all respects to Village Corporations, 
Urban Corporations, and Group Corporations.
 (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 shareholder of the Regional 
 Corporation for Southeast Alaska 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 Corporation 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 any previous or future allocation of 
 acreage to any Regional Corporation pursuant to section 
 12(b) or 14(h)(8).

 * * * * * * *

 the tlingit-haida settlement

 Sec. 16. (a) All public lands in each township that encloses 
all or any part of a Native village listed below, and in each 
township that is contiguous to or corners on such township, 
except lands withdrawn or reserved for national defense 
purposes, are hereby withdrawn, subject to valid existing 
rights, from all forms of appropriation under the public land 
laws, including the mining and mineral leasing laws, and from 
selection under the Alaska Statehood Act, as amended:
 Angoon, Southeast.
 Craig, Southeast.
 Hoonah, Southeast.
 Hydaburg, Southeast.
 Kake, Southeast.
 Kasaan, Southeast.
 Klawock, Southeast.
 Saxman, Southeast.
 Yakutat, Southeast.
 (b) During a period of three years from the date of enactment 
of this Act, each Village Corporation for the villages listed 
in subsection (a) shall select, in accordance with rules 
established by the Secretary, an area equal to 23,040 acres, 
which must include the township or townships in which all or 
part of the Native village is located, plus, to the extent 
necessary, withdrawn lands from the townships that are 
contiguous to or corner on such township. All selections shall 
be contiguous and in reasonably compact tracts, except as 
separated by bodies of water, and shall conform as nearly as 
practicable to the United States Lands Survey System.
 (c) The funds appropriated by the Act of July 9, 1968 (82 
Stat. 307), to pay the judgment of the Court of Claims in the 
case of The Tlingit and Haida Indians of Alaska, et al. against 
The United States, numbered 47,900, and distributed to the 
Tlingit and Haida Indians pursuant to the Act of July 13, 1970 
(84 Stat. 431), are in lieu of the additional acreage to be 
conveyed to qualified villages listed in section 11.
 (d)(1) The Secretary is authorized and directed to withdraw 
seventy thousand acres of public lands, as defined in section 3 
of this Act, in order that the Village Corporation for the 
village of Klukwan may select twenty-three thousand and forty 
acres of land. Such Corporation and the shareholders thereof 
shall otherwise participate fully in the benefits provided by 
this Act to the same extent as they would have participated had 
they not elected to acquire title to their former reserve as 
provided by section 19(b) of this Act: Provided, That nothing 
in this subsection shall affect the existing entitlement of any 
Regional Corporation to lands pursuant to section 14(h)(8) of 
this Act: Provided further, That no such lands shall be 
withdrawn from an area previously withdrawn as a forest reserve 
without prior consultation with the Secretary of Agriculture: 
Provided further, That the foregoing provisions of this 
subsection shall not become effective unless and until the 
Village Corporation for the village of Klukwan shall quitclaim 
to Chilkat Indian Village, organized under the provisions of 
the Act of June 18, 1934 (48 Stat. 984), as amended, by the Act 
of May 1, 1936 (49 Stat. 1250), all its right, title, and 
interest in the lands of the reservation defined in and vested 
by the Act of September 2, 1957 (71 Stat. 596), which lands are 
hereby conveyed and confirmed to said Chilkat Indian Village in 
fee simple absolute, free of trust and all restrictions upon 
alienation, encumbrance, or otherwise: Provided further, That 
the United States and the Village Corporation for the village 
of Klukwan shall also quitclaim to said Chilkat Indian Village 
any right or interest they may have in and to income derived 
from the reservation lands defined in and vested by the Act of 
September 2, 1957 (71 Stat. 597), after December 18, 1971, and 
prior to January 2, 1976.
 (2) The lands withdrawn by the Secretary pursuant to 
paragraph (1) of this subsection shall be located in the 
southeastern Alaska region and shall be of similar character 
and comparable value, to the extent possible, to those of the 
Chilkat Valley surrounding the village of Klukwan. Such 
withdrawal shall be made within six months of the date of 
enactment of this paragraph and the Village Corporation for the 
village of Klukwan shall select, within one year from the time 
that the withdrawal is made, and be conveyed, twenty-three 
thousand and forty acres. None of the lands withdrawn by the 
Secretary for selection by the Village Corporation for the 
village of Klukwan shall have been selected by, or be subject 
to an outstanding nomination for selection by, any other Native 
Corporation organized pursuant to this Act, or located on 
Admiralty Island.
 (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.

 * * * * * * *

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

 (a) Definition of Urban Corporation.--In this section, the 
term ``Urban Corporation'' means each of the Urban Corporations 
for Haines, Ketchikan, Petersburg, Tenakee, and Wrangell.
 (b) Conveyances of Land.--
 (1) Authorization.--
 (A) Conveyances to urban corporations.--
 (i) In general.--Subject to valid 
 existing rights and paragraphs (3), 
 (4), (5), and (6), the Secretary shall 
 convey--
 (I) to the Urban Corporation 
 for Haines, in accordance with 
 clause (ii), the surface estate 
 in 13 parcels of Federal land 
 comprising approximately 23,040 
 acres, as generally depicted on 
 the maps entitled ``Haines 
 Selections'', numbered 1 
 through 3, and dated June 27, 
 2025;
 (II) to the Urban Corporation 
 for Ketchikan, the surface 
 estate in 8 parcels of Federal 
 land comprising approximately 
 23,040 acres, as generally 
 depicted on the maps entitled 
 ``Ketchikan Selections'', 
 numbered 1 through 4, and dated 
 June 27, 2025 (except the 
 mining claim AA-91521 in Sec. 
 4, T. 78 S., R. 88 E., Copper 
 River Meridian, as generally 
 depicted on the map entitled 
 ``Kitkun Cove'', numbered 1 of 
 4);
 (III) to the Urban 
 Corporation for Petersburg, the 
 surface estate in 12 parcels of 
 Federal land comprising 
 approximately 23,040 acres, as 
 generally depicted on the maps 
 entitled ``Petersburg 
 Selections'', numbered 1 
 through 3, and dated June 27, 
 2025 (except the Lighthouse 
 withdrawals USS Nos. 1710 and 
 1711, in Sec. 15, 16, and 22, 
 T. 56 S., R. 76 E., Copper 
 River Meridian, as generally 
 depicted on the map entitled 
 ``Portage Bay East'', numbered 
 1 of 3);
 (IV) to the Urban Corporation 
 for Tenakee, the surface estate 
 in 15 parcels of Federal land 
 comprising approximately 23,040 
 acres, as generally depicted on 
 the maps entitled ``Tenakee 
 Selections'', numbered 1 
 through 3, and dated June 27, 
 2025; and
 (V) to the Urban Corporation 
 for Wrangell, the surface 
 estate in 13 parcels of Federal 
 land comprising approximately 
 23,040 acres, as generally 
 depicted on the maps entitled 
 ``Wrangell Selections'', 
 numbered 1 through 5, and dated 
 June 27, 2025.
 (ii) Haines phases; conditions.--
 (I) Conveyance phases.--The 
 conveyance to the Urban 
 Corporation for Haines under 
 clause (i)(I) in the selection 
 area at Slate Creek, Berners 
 Bay, as generally depicted on 
 the map entitled ``Haines 
 Selections'', map 2 of 3, and 
 dated June 27, 2025 (referred 
 to in this subclause as the 
 ``Map''), shall be completed in 
 the following 2 phases:
 (aa) Phase 1.--The 
 Secretary shall convey 
 to the Urban 
 Corporation for Haines 
 the parcel of Federal 
 land comprising 
 approximately 81 acres, 
 as generally depicted 
 on the Map as ``Slate 
 Ck. West Shore''.
 (bb) Phase 2.--
 Subject to the 
 conditions described in 
 subclause (II), and on 
 an application for 
 conveyance by the Urban 
 Corporation for Haines, 
 the Secretary shall 
 convey to the Urban 
 Corporation for 
 Haines--
 (AA) the 
 parcel of 
 Federal land 
 comprising 
 approximately 
 37 acres, as 
 generally 
 depicted on the 
 Map as ``Slate 
 Ck. West Shore 
 North''; and
 (BB) the 
 parcel of 
 Federal land 
 comprising 
 approximately 
 55 acres, as 
 generally 
 depicted on the 
 Map as ``Slate 
 Ck. East 
 Shore''.
 (II) Phase 2 conditions.--The 
 phase 2 conveyance described in 
 subclause (I)(bb) shall occur 
 on the earliest of the date on 
 which--
 (aa) the Federal 
 mining claims 
 underlying the Federal 
 land described in that 
 subclause are 
 relinquished;
 (bb) the Federal 
 mining claims 
 underlying the Federal 
 land described in that 
 subclause are 
 abandoned, on a 
 determination by the 
 Secretary that the 
 Federal mining claims 
 are void and forfeited; 
 and
 (cc) Coeur Alaska 
 Inc. (or a successor in 
 interest) consents that 
 the Federal land 
 described in that 
 subclause can be 
 conveyed prior to any 
 relinquishment or 
 abandonment of the 
 Federal mining claims 
 underlying that land.
 (B) Conveyances to regional corporation for 
 southeast alaska.--Subject to valid existing 
 rights, on the applicable date on which the 
 surface estate in land is conveyed to an Urban 
 Corporation under subparagraph (A)(i), the 
 Secretary shall convey to the Regional 
 Corporation for Southeast Alaska the subsurface 
 estate for that land.
 (C) Congressional intent.--
 (i) In general.--Subject to clause 
 (ii), it is the intent of Congress that 
 the Secretary complete the interim 
 conveyance of the surface estate in 
 land to an Urban Corporation under 
 subparagraph (A)(i) not later than the 
 date that is 2 years after the 
 applicable date of incorporation of the 
 Urban Corporation under section 
 16(e)(1).
 (ii) Exception.--As the Secretary 
 determines to be necessary, the 
 Secretary may extend the 2-year 
 deadline established by clause (i) by 
 not more than 1 year for any individual 
 parcel of land to allow for the 
 conclusion of any pending appeal of a 
 public easement decision for the 
 applicable parcel pursuant to section 
 17(b), subject to the requirement that 
 the final conveyance of the surface 
 estate with respect to the applicable 
 parcel shall be completed as soon as 
 practicable after the date on which the 
 appeal is concluded.
 (D) Finalization of entitlement.--The 
 conveyances under subparagraph (A)(i) of 
 approximately 23,040 acres of land to each 
 Urban Corporation shall be considered to be the 
 full and final satisfaction of the entitlement 
 of the southeastern Alaska communities of 
 Haines, Ketchikan, Petersburg, Tenakee, and 
 Wrangell under this Act, notwithstanding 
 whether the surveyed acreage of the parcels of 
 land described in subclauses (I) through (V) of 
 that subparagraph is less than or more than 
 23,040 acres in the case of each Urban 
 Corporation.
 (2) Withdrawal.--
 (A) In general.--Subject to valid existing 
 rights, the Federal land described in paragraph 
 (1) is withdrawn from all forms of--
 (i) entry, appropriation, or disposal 
 under the public land laws;
 (ii) location, entry, and patent 
 under the mining laws; and
 (iii) disposition under all laws 
 pertaining to mineral and geothermal 
 leasing or mineral materials.
 (B) Termination.--The withdrawal under 
 subparagraph (A) shall remain in effect until 
 the date on which the Federal land is conveyed 
 under paragraph (1).
 (3) Treatment of land conveyed.--Except as otherwise 
 provided in this section, any land conveyed to an Urban 
 Corporation under paragraph (1)(A)(i)--
 (A)(i) shall be considered to be land 
 conveyed by the Secretary under paragraph (3) 
 of section 14(h); but
 (ii) shall not be subject to the requirements 
 under that section that the land be vacant, 
 unappropriated, and unreserved; and
 (B) shall be subject to all laws (including 
 regulations) applicable to entitlements under 
 section 14(h)(3), including section 907(d) of 
 the Alaska National Interest Lands Conservation 
 Act (43 U.S.C. 1636(d)).
 (4) Public easements.--
 (A) In general.--Subject to subparagraph (C), 
 the conveyance and patents for the land under 
 paragraph (1)(A)(i) shall be subject to the 
 reservation before the conveyance of public 
 easements under section 17(b).
 (B) Termination.--No public easement reserved 
 on land conveyed under paragraph (1)(A)(i) 
 shall be terminated by the Secretary without 
 publication of notice of the proposed 
 termination in the Federal Register.
 (C) Reservation of easements.--In the 
 conveyance and patent for any parcel of land 
 under paragraph (1)(A)(i) for which the 
 easement reservation process has not been 
 completed by the date that is 2 years after the 
 applicable date of incorporation of the Urban 
 Corporation under section 16(e)(1), or, in the 
 case of an appeal of a public easement under 
 section 17(b), by the date that is 3 years 
 after the applicable date of incorporation, the 
 Secretary shall--
 (i) convey the parcel of land; and
 (ii) as part of the conveyance and 
 patent for the parcel of land under 
 clause (i), reserve the right of the 
 Secretary to amend the conveyance and 
 patent to include reservations of 
 public easements under section 17(b) 
 until the date of completion of the 
 easement reservation process.
 (D) State of alaska easements.--Nothing in 
 this Act modifies, changes, or terminates the 
 rights-of-way granted to the State under--
 (i) section 4407 of the SAFETEA-LU 
 (Public Law 109-59; 119 Stat. 1777); or
 (ii) the 2006 memorandum of 
 understanding between the State and the 
 Forest Service to implement that 
 section.
 (5) Hunting, fishing, recreation, and access.--
 (A) In general.--Any land conveyed under 
 paragraph (1)(A)(i), including access to the 
 land through roadways, trails, and forest 
 roads, shall remain open and available to 
 subsistence uses, noncommercial recreational 
 hunting and fishing, and other noncommercial 
 recreational uses by the public under 
 applicable law--
 (i) without liability on the part of 
 the Urban Corporation, except for 
 willful acts of the Urban Corporation, 
 to any user as a result of the use; and
 (ii) subject to--
 (I) any reasonable 
 restrictions that may be 
 imposed by the Urban 
 Corporation on the public use--
 (aa) to ensure public 
 safety;
 (bb) to minimize 
 conflicts between 
 recreational and 
 commercial uses;
 (cc) to protect 
 cultural resources;
 (dd) to conduct 
 scientific research; or
 (ee) to provide 
 environmental 
 protection; and
 (II) the condition that the 
 Urban Corporation post on any 
 applicable property, in 
 accordance with State law, 
 notices of the restrictions on 
 use.
 (B) Effect.--Access provided to any 
 individual or entity under subparagraph (A) 
 shall not--
 (i) create an interest in any third 
 party in the land conveyed under 
 paragraph (1)(A)(i); or
 (ii) provide standing to any third 
 party in any review of, or challenge 
 to, any determination by the Urban 
 Corporation with respect to the 
 management or development of the land 
 conveyed under paragraph (1)(A)(i), 
 except as against the Urban Corporation 
 for the management of public access 
 under subparagraph (A).
 (6) Miscellaneous.--
 (A) Special use authorizations.--
 (i) In general.--On the conveyance of 
 land to an Urban Corporation under 
 paragraph (1)(A)(i)--
 (I) any guiding or outfitting 
 special use authorization 
 issued by the Forest Service 
 for the use of the conveyed 
 land shall terminate; and
 (II) as a condition of the 
 conveyance and consistent with 
 section 14(g), the Urban 
 Corporation shall issue the 
 holder of the special use 
 authorization terminated under 
 subclause (I) an authorization 
 to continue the authorized use, 
 subject to the terms and 
 conditions that were in the 
 special use authorization 
 issued by the Forest Service, 
 for--
 (aa) the remainder of 
 the term of the 
 authorization; and
 (bb) 1 additional 
 consecutive 10-year 
 renewal period.
 (ii) Notice of commercial 
 activities.--The Urban Corporation, and 
 any holder of a guiding or outfitting 
 authorization under this subparagraph, 
 shall have a mutual obligation, subject 
 to the guiding or outfitting 
 authorization, to inform the other 
 party of any commercial activities 
 prior to engaging in the activities on 
 the land conveyed to the Urban 
 Corporation under paragraph (1)(A)(i).
 (iii) Negotiation of new terms.--
 Nothing in this paragraph precludes the 
 Urban Corporation and the holder of a 
 guiding or outfitting authorization 
 from negotiating a new mutually 
 agreeable guiding or outfitting 
 authorization.
 (iv) Liability.--Neither the Urban 
 Corporation nor the United States shall 
 bear any liability, except for willful 
 acts of the Urban Corporation or the 
 United States, regarding the use and 
 occupancy of any land conveyed to the 
 Urban Corporation under paragraph 
 (1)(A)(i), as provided in any 
 outfitting or guiding authorization 
 under this paragraph.
 (B) Mutual use agreement for roads and 
 facilities.--
 (i) In general.--The Secretary of 
 Agriculture shall seek to enter into a 
 binding mutual use agreement for--
 (I) the use of National 
 Forest System roads and related 
 transportation facilities 
 (including marine access 
 facilities, log transfer 
 facilities, sort yards, and 
 associated log rafting and 
 storage areas) in the Tongass 
 National Forest by the Urban 
 Corporation and designees of 
 the Urban Corporation; and
 (II) the use of the roads and 
 related transportation 
 facilities (including marine 
 access facilities, log transfer 
 facilities, sort yards, and 
 associated log rafting and 
 storage areas) of the Urban 
 Corporation by the Forest 
 Service and designees of the 
 Forest Service.
 (ii) Terms and conditions.--The 
 binding mutual use agreement under 
 clause (i)--
 (I) shall provide that the 
 use of road and transportation 
 facilities infrastructure by a 
 third party shall not begin 
 until the date on which the 
 third party signs a mutual use 
 agreement entered into with the 
 Urban Corporation;
 (II) shall provide that the 
 State (including entities and 
 designees of the State) shall 
 be authorized to use the roads 
 and related transportation 
 facilities of the Urban 
 Corporation on substantially 
 similar terms as are provided 
 by the Urban Corporation to the 
 Forest Service;
 (III) shall include 
 restrictions on, and fees for, 
 the use of the National Forest 
 System roads and related 
 transportation facilities in 
 existence as of the date of 
 enactment of this section, as 
 necessary, that are reasonable 
 and comparable to the 
 restrictions and fees imposed 
 by the Forest Service for the 
 use of the roads and related 
 transportation facilities;
 (IV) shall not restrict or 
 limit any access to the roads 
 and related transportation 
 facilities of the Urban 
 Corporation or the Forest 
 Service that may be otherwise 
 provided by valid existing 
 rights and agreements in 
 existence as of the date of 
 enactment of this section; and
 (V) shall provide for 
 periodic updates to the mutual 
 use agreement if the terms and 
 conditions of the updated 
 mutual use agreement are 
 consistent with the terms and 
 conditions described in 
 subclauses (I) through (IV).
 (iii) Intent of congress.--It is the 
 intent of Congress that the mutual use 
 agreement under clause (i) shall be 
 entered into as soon as practicable 
 after the date of enactment of this 
 section and in any case by not later 
 than 1 year after the date of 
 incorporation of the Urban Corporation.
 (iv) Continued access.--Beginning on 
 the date on which the land is conveyed 
 to the Urban Corporation under 
 paragraph (1)(A)(i) and ending on the 
 effective date of a binding mutual use 
 agreement entered into under clause 
 (i), the Urban Corporation shall 
 provide and allow administrative access 
 to roads and related transportation 
 facilities on the land under 
 substantially similar terms as are 
 provided by the Forest Service as of 
 the date of enactment of this section.
 (C) Effect on other laws.--
 (i) In general.--Nothing in this 
 section delays the duty of the 
 Secretary to convey land to--
 (I) the State under Public 
 Law 85-508 (commonly known as 
 the ``Alaska Statehood Act'') 
 (48 U.S.C. note prec. 21); or
 (II) a Native Corporation 
 under--
 (aa) this Act; or
 (bb) the Alaska Land 
 Transfer Acceleration 
 Act (43 U.S.C. 1611 
 note; Public Law 108-
 452).
 (ii) Statehood entitlement.--
 (I) In general.--Statehood 
 selections under Public Law 85-
 508 (commonly known as the 
 ``Alaska Statehood Act'') (48 
 U.S.C. note prec. 21) are not 
 displaced by the parcels of 
 land described in subclauses 
 (I) through (V) of paragraph 
 (1)(A)(i).
 (II) Boundary adjustments.--
 In the event of a dispute 
 between an area selected as a 
 Statehood selection and a 
 parcel of land referred to in 
 subclause (I), the Secretary 
 shall work with the Urban 
 Corporation and the State in 
 good faith to adjust the 
 boundary of the parcel to 
 exclude any area selected as a 
 Statehood selection.
 (iii) Conveyances.--The Secretary 
 shall promptly proceed with the 
 conveyance of all land necessary to 
 fulfill the final entitlement of all 
 Native Corporations in accordance 
 with--
 (I) this Act; and
 (II) the Alaska Land Transfer 
 Acceleration Act (43 U.S.C. 
 1611 note; Public Law 108-452).
 (iv) Fish and wildlife.--Nothing in 
 this section enlarges or diminishes the 
 responsibility and authority of the 
 State with respect to the management of 
 fish and wildlife on public land in the 
 State.
 (D) Maps.--
 (i) Availability.--Each map referred 
 to in paragraph (1)(A)(i) shall be 
 available in the appropriate offices of 
 the Secretary and the Secretary of 
 Agriculture.
 (ii) Corrections.--The Secretary, in 
 consultation with the Secretary of 
 Agriculture, may make any necessary 
 correction to a clerical or 
 typographical error in a map referred 
 to in paragraph (1)(A)(i).
 (7) Escrow funds.--Beginning on the date of enactment 
 of this section, the escrow requirements of section 2 
 of Public Law 94-204 (43 U.S.C. 1613 note) shall apply 
 to proceeds (including interest) derived from the land 
 withdrawn under paragraph (2).
 (c) Conveyance of Roads, Trails, Log Transfer Facilities, 
Leases, and Appurtenances.--
 (1) In general.--The land conveyed to an Urban 
 Corporation under subsection (b)(1)(A)(i) shall include 
 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 
 Urban Corporation.
 (2) Conditions.--The land conveyed to an Urban 
 Corporation under subsection (b)(1)(A)(i) shall be 
 subject to all valid existing rights in accordance with 
 section 14(g), including any reciprocal rights-of-way, 
 easements, or agreements for the use of the roads, 
 trails, log transfer facilities, leases, and 
 appurtenances conveyed under subsection (b)(1)(A)(i).
 (3) Continuation of agreements.--
 (A) In general.--On or before the date on 
 which land is conveyed to an Urban Corporation 
 under subsection (b)(1)(A)(i), the Secretary of 
 Agriculture and the Secretary of the Interior 
 shall provide to the Urban Corporation notice 
 of all reciprocal rights-of-way, easements, and 
 agreements for use of the roads, trails, log 
 transfer facilities, leases, and appurtenances 
 on or related to the land in existence as of 
 the date of enactment of this section.
 (B) Requirement.--In accordance with section 
 14(g), any right-of-way, easement, or agreement 
 described in subparagraph (A) shall continue 
 unless the right-of-way, easement, or 
 agreement--
 (i) expires under its own terms; or
 (ii) is mutually renegotiated.
 (d) Settlement Trust.--
 (1) In general.--Each Urban Corporation 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 community of 
 Haines, Ketchikan, Petersburg, Tenakee, or Wrangell, as 
 applicable.
 (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) thereafter to the support of all other 
 enrollees.