,,ii  #aaeth ,,congress  #ast ,session  
,s4 #adic  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #bi1     
#bjag ,ms4 ,murkowski 7for herself and  
,mr4 ,sullivan7 introduced the following
 bill2 which was read twice and referred
 to the ,committee on ,energy and       
,natural ,resources  ,a ,,bill  ,to     
require a study and report identifying  
the impacts on ,chugach ,alaska         
,corporation land that resulted from    
changes in ,federal law or ,federal or  
,state land acquisitions in the ,chugach
 region1 and for other purposes4  #a4   
,short title  ,this ,act may be cited as
 the ,,ancsa ,chugach ,alaska ,land     
,exchange ,study ,act of #bjag4  #b4    
,chugach ,alaska ,corporation land      
exchange pool  7a7 ,definitions ,in this
 section3 7#a7 ,,cac ,the term ,,cac    
means ,chugach ,alaska ,corporation4    
7#b7 ,,cac land ,the term ,,cac land    
means land conveyed to ,,cac pursuant to
 the ,alaska ,native ,claims ,settlement
 ,act 7#dc ,u4,s4,c4 #afja et seq47 in  

which--  7,a7 both the surface estate   
and the subsurface estate were conveyed 
to ,,cac2 or  7,b7 7i7 the subsurface   
estate was conveyed to ,,cac2 and  7ii7 
the surface estate or a conservation    
easement in the surface estate was      
acquired by the ,state or by the ,united
 ,states as part of the ,exxon ,valdez  
,oil ,spill ,trustee ,council ,habitat  
,protection and ,acquisition ,program4  
7#c7 ,secretary ,the term ,secretary    
means the ,secretary of ,agriculture4   
7#d7 ,state ,the term ,state means the  
,state of ,alaska4  7b7 ,study  7#a7 ,in
 general ,not later than #a year after  
the date of enactment of this ,act1 the 
,secretary1 in coordination with the    
,secretary of the ,interior and in      
consultation with ,,cac1 shall conduct a
 study to identify the impacts on ,,cac 
land that resulted from changes in      
,federal law or ,federal or ,state land 
acquisitions in the ,chugach region     
after ,december #a1 #aihj4  7#b7 ,study 
requirements  7,a7 ,in general ,the     

study described in paragraph 7#a7       
shall-- 7i7 consider conflicts that have
 arisen between the management of       
,federal land in the ,chugach region and
 ,,cac land2  7ii7 include              
recommendations for a land exchange1    
including land exchange options that    
could be offered to ,,cac as            
consideration for the conveyance of     
existing property rights of ,,cac in    
exchange for other ,federal land or     
property available for exchange2 and    
7iii7 identify not less than #ejj1jjj   
acres of economically viable ,federal   
land1 being managed by any ,federal land
 management agency1 in or outside the   
,state that can be made available to    
,,cac in exchange for any ,,cac land    
identified by ,,cac as available to the 
,united ,states for exchange4  7,b7     
,land exchange requirements ,any land   
exchange described in subparagraph 7,a7 
shall be pursuant to mutual agreement of
 ,,cac and the ,united ,states and      
consummated in accordance with all      

applicable legal authorizations1 except 
that any acre-for-acre exchange of such 
,federal land for such ,,cac land shall 
be conclusively deemed to be in the     
public interest4  7c7 ,report ,not later
 than #b years after the date of        
enactment of this ,act1 the ,secretary  
shall submit to the ,committee on       
,energy and ,natural ,resources of the  
,senate and the ,committee on ,natural  
,resources of the ,house of             
,representatives a report containing the
 results of the study conducted under   
this section1 the identification of     
,federal land for exchange1 and any     
other recommendations as identified by  
the ,secretary of the ,interior4