[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 1490 Introduced in Senate (IS)]

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115th CONGRESS
  1st Session
                                S. 1490

To amend the Alaska Native Claims Settlement Act regarding the Nagamut 
                   selection, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             June 29, 2017

 Ms. Murkowski (for herself and Mr. Sullivan) introduced the following 
bill; which was read twice and referred to the Committee on Energy and 
                           Natural Resources

_______________________________________________________________________

                                 A BILL


 
To amend the Alaska Native Claims Settlement Act regarding the Nagamut 
                   selection, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``ANCSA Nagamut Group Land Conveyance 
Settlement Act of 2017''.

SEC. 2. NAGAMUT.

    Section 12 of the Alaska Native Claims Settlement Act (43 U.S.C. 
1611) is amended by adding at the end the following new subsection:
    ``(g) Nagamut.--
            ``(1) Definitions.--For the purposes of this subsection:
                    ``(A) Calista.--The term `Calista' means Calista 
                Corporation, an Alaska Native Regional Corporation in 
                accordance with section 7, which is entitled to the 
                subsurface estate to the Nagamut selection pursuant to 
                section 14(f).
                    ``(B) Nagamut.--The term `Nagamut' means Nagamut 
                Limited, a Native group recognized as eligible to 
                receive the conveyance of 6,080 acres under section 
                13(h)(2) and organized under the laws of the State of 
                Alaska.
                    ``(C) Nagamut selection.--The term `Nagamut 
                selection' means the unconveyed surface estate to 6,080 
                acres of land Nagamut selected on September 18, 1975, 
                under Bureau of Land Management serial number AA-9902.
            ``(2) In general.--As determined under paragraph (3), in 
        lieu of the conveyance of the Nagamut selection to Nagamut and 
        the subsurface estate of the Nagamut selection to Calista, the 
        Secretary shall--
                    ``(A) pay compensation to Nagamut in an amount 
                equal to the fair market value of the Nagamut 
                selection; and
                    ``(B) pay compensation to Calista in an amount 
                equal to the fair market value of any subsurface estate 
                beneath the Nagamut selection to which Calista is 
                entitled.
            ``(3) Appraisals.--
                    ``(A) In general.--Within 18 months of the date of 
                enactment of the Alaska Native Claims Settlement 
                Improvement Act of 2017, the fair market value of the 
                surface and subsurface estates of the Nagamut selection 
                shall be determined by appraisals conducted--
                            ``(i) in accordance with the Uniform 
                        Appraisal Standards for Federal Land 
                        Acquisitions and the Uniform Standards of 
                        Professional Appraisal Practice;
                            ``(ii) by an appraiser mutually agreeable 
                        to the Secretary, Nagamut, and Calista;
                            ``(iii) in a way that shall determine the 
                        fair market values of the surface and 
                        subsurface estates of the Nagamut selection as 
                        though the estates were available for selection 
                        under this Act on the date of enactment of the 
                        Alaska Native Claims Settlement Improvement Act 
                        of 2017; and
                            ``(iv) without regard to the current 
                        ownership status.
                    ``(B) Costs.--The costs of the appraisals required 
                under this paragraph shall be borne by the Secretary.
            ``(4) Establishment of account; compensation.--
                    ``(A) Establishment.--There is established a 
                special account in the Treasury of the United States to 
                be known as the `Nagamut Selection Special Account', 
                into which shall be deposited from the General Fund of 
                the Treasury a sum equal to the appraised fair market 
                value of the surface and subsurface estates of the 
                Nagamut selection.
                    ``(B) Compensation.--Amounts in the Nagamut 
                Selection Special Account shall be available to the 
                Secretary, without further appropriation, to compensate 
                Nagamut and Calista for the fair market value of the 
                surface and subsurface estates of the Nagamut 
                selection.
            ``(5) Effect on entitlement.--The compensation paid to 
        Nagamut and Calista pursuant to this subsection shall satisfy 
        the statutory land entitlement of Nagamut and the rights to the 
        subsurface estate held by Calista under the provisions of this 
        Act.''.
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