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.

This bill officially recognizes Alexander Creek, Incorporated, as an Alaska Native village corporation and Alexander Creek village as an Alaska Native village. To be recognized, Alexander Creek, Incorporated, must update its corporate paperwork and reach an agreement with the Department of the Interior within 13 months to settle land claims and any other claims against the United States. The bill also requires that members of Alexander Creek, Incorporated, be told they will stop receiving certain benefits they currently get as individual shareholders from another corporation called Cook Inlet Region, Incorporated, and that future resource payments will instead be kept by Alexander Creek, Incorporated.

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