,i #aae? ,,congress #a/ ,session ,h4 ,r4 #bcj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #c1 #bjag,mr4 ,"y ( ,alaska introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,natural ,res\rces ,a ,,bill ,to ensure equitable treatm5t ( ,%ee ,atik1 ,incorporat$1 "u ! ,alaska ,native ,claims ,settlem5t ,act by facilitat+ ! transf] ( l& on ,admiralty ,isl&1 ,alaska1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,%ee ,atik ,l& ,entitlem5t ,act or ! ,,sale ,act4 #b4 ,%ee ,atik1 ,incorporat$ 7a7 ,def9itions ,9 ?is section3 7#a7 ,acc\nt ,! t]m ,acc\nt means ! ,%ee ,atik ,acc\nt e/abli%$ "u subsection 7d74 7#b7 ,ag5cy ,! t]m ag5cy means-- 7,a7 any dep>tm5t1 ag5cy1 or o!r in/rum5tality ( ! ,f$]al ,gov]nm5t2 & 7,b7 any ,gov]nm5t corporation 7z def9$ 9 section #iaja ( title #ca1 ,unit$ ,/ates ,code74 7#c7 ,agreem5t ,! t]m ,agreem5t means ! agreem5t betwe5 ,%ee ,atik & ! ,unit$ ,/ates 7includ+ any am5dm5t or supplem5t to ! agreem5t7 "u :i* ! ,unit$ ,/ates has an option to reacquire ! ,cube ,cove ,l&4 7#d7 ,cube cove l& ,! t]m ,cube ,cove ,l& means ! approximately #bc1jjj acres ( surface e/ate l& at ,cube ,cove1 ,admiralty ,isl&1 ,alaska1 z describ$ 9 ,app5dix ,a to ! ,agreem5t4 7#e7 ,prop]ty ,! t]m prop]ty has ! mean+ giv5 ! t]m 9 section #ab7;b77#g77vii7 ( ! ,act ( ,janu>y #b1 #aigf 7#dc ,u4,s4,c4 #afaa note2 ,public ,law #id-bjd74 7#f7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,agriculture4 7#g7 ,segm5t ,! t]m segm5t means any #a ( ! #ac tracts ( surface e/ate l& id5tifi$ 9 ,app5dix ,c to ! ,agreem5t4 7#h7 ,%ee atik ,! t]m ,%ee ,atik means ,%ee ,atik1 ,incorporat$4 7b7 ,au?orization 7#a7 ,9 g5]al ,all consid]ation1 :e!r 9 ca% or 9 k9d1 receiv$ by ,%ee ,atik "u ! ,agreem5t %all be treat$ = purposes ( all ,f$]al laws z if ! consid]ation 01 )9 ! mean+ ( section #ba7;c7 ( ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afbj7;c771 ! receipt ( l& or any int]e/ 9 l& pursuant to ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afja et seq47 or ca% 9 ord] to equalize ! values ( prop]ties ex*ang$ pursuant to section #bb7;f7 ( ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afba7;f774 7#b7 ,effect ,no?+ 9 ! ,agreem5t or ?is section imposes any duty on ,%ee ,atik n expressly set =? 9 ! ,agreem5t4 ,9 ! ev5t su* ,agreem5t is t]m9at$ prior to a complete acquisition by ! ,unit$ ,/ates ( all ( ,%ee ,atik's ,cube ,cove ,l&s & int]e/s 9 su* l&s1 nei!r su* ,agreem5t nor ?is section %all-- 7,a7 con/itute a cl\d ( title1 li51 or encumbrance ( any sort on ,%ee ,atik's rema9+ ,cube ,cove ,l&s or int]e/s !re92 or 7,b7 limit 9 any mann] ! use ( any portion ( ,%ee ,atik's rema9+ ,cube ,cove ,l&s or int]e/s !re94 7#c7 ,indian legislation ,?is section is a fur!r implem5tation ( ! ,alaska ,native ,claims ,settlem5t ,act & is ,indian legislation enact$ by ,congress pursuant to pl5>y au?ority "u ! ,con/itution ( ! ,unit$ ,/ates to regulate ,indian ,affairs4 7c7 ,option ,to receive cr$its 7#a7 ,9 g5]al 7,a7 ,cr$its ,on election by ,%ee ,atik made 9 writ+ n lat] ?an ! day be=e ! date on :i* a clos+ ( any segm5t ( ! ,cube ,cove ,l& is s*$ul$ to occur1 ! ,secret>y1 9 accordance ) subsection 7d71 may pay all or "p ( ! am\nts due to ,%ee ,atik "u ! ,agreem5t on ! clos+ date 9 ! =m ( cr$its t may be us$ by ,%ee ,atik to pur*ase prop]ty sold at public sale4 7,b7 ,ca% ,am\nts o!rwise due to ,%ee ,atik = :i* ,%ee ,atik has n made ! election describ$ 9 subp>agraph 7,a7 %all be paid to ,%ee ,atik 9 ca%4 7#b7 ,requirem5t ,! ,secret>y %all make a paym5t 9 ! =m describ$ 9 p>agraph 7#a7 )\t reg>d to :e!r ,%ee ,atik has made any o!r election "u p>agraph 7#a74 7#c7 ,clos+ date ,clos+ ( any segm5t = :i* ,%ee ,atik has made an election "u p>agraph 7#a7 %all occur n lat] ?an #cj days aft] ! date on :i* ! ,secret>y notifies ,%ee ,atik t ! applicable cr$it is ready to be deposit$ into ! ,acc\nt4 7d7 ,e/abli%m5t ( acc\nt 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 n lat] ?an #ij days aft] ,%ee ,atik fir/ makes an election "u subsection 7c77#a71 ! ,secret>y ( ! ,treasury1 9 consultation ) ! ,secret>y1 %all e/abli% an acc\nt 9 ! ,treasury to be kn[n z ! ,%ee ,atik ,acc\nt4 7#b7 ,cr$its into acc\nt ,! ,secret>y ( ! ,treasury1 9 consultation ) ! ,secret>y1 %all-- 7,a7 deposit into ! ,acc\nt am\nts equal to any cr$it receiv$ "u subsection 7c72 & 7,b7 e/abli% proc$ures "u :i* ,%ee ,atik may-- 7i7 receive deposits into ! ,acc\nt2 7ii7 make deposits f ! ,acc\nt into escr[ :5 an escr[ is requir$ = ! sale ( any prop]ty2 7iii7 re9/ate to ! ,acc\nt any unus$ escr[ deposits "u clause 7ii7 if ! applicable sale is n complet$2 & 7iv7 not)/&+ any o!r provision ( law & on writt5 notice to ! ,secret>y ( ! ,treasury & ! ,secret>y1 assign1 )\t re/riction1 any or all ( ! am\nts 9 ! ,acc\nt4 7#c7 ,availability ( am\nts ,! balance ( ! ,acc\nt %all-- 7,a7 be imm$iately available to ,%ee ,atik = use 9 accordance ) p>agraph 7#d72 & 7,b7 rema9 available until exp5d$4 7#d7 ,use ( funds 7,a7 ,9 g5]al ,%ee ,atik may use am\nts 9 ! ,acc\nt to bid =1 & pur*ase1 any prop]ty at any public sale by an ag5cy4 7,b7 ,requirem5t ,9 conduct+ a transaction "u subp>agraph 7,a71 an ag5cy %all accept any am\nt t5d]$ f ! ,acc\nt 9 ! same mann] z if ! am\nt 7 t5d]$ 9 ca%4 7#e7 ,effect ,not)/&+ any o!r provision ( law1 any prop]ty pur*as$ "u p>agraph 7#d7 %all be consid]$ to be a conveyance made "u ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afja et seq47 on ! date ( enactm5t ( t ,act4