,,ii  #aae? ,,congress  #a/ ,session    
,s4 #adic  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #bi1 #bjag ,ms4  
,murk[ski 7= h]self & ,mr4 ,sullivan7   
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,en]gy
 & ,natural ,res\rces  ,a ,,bill  ,to   
require a /udy & report id5tify+ !      
impacts on ,*uga* ,alaska ,corporation  
l& t result$ f *anges 9 ,f$]al law or   
,f$]al or ,/ate l& acquisitions 9 !     
,*uga* region1 & = o!r purposes4  #a4   
,%ort title  ,?is ,act may be cit$ z !  
,,ancsa ,*uga* ,alaska ,l& ,ex*ange     
,/udy ,act ( #bjag4  #b4 ,*uga* ,alaska 
,corporation l& ex*ange pool  7a7       
,def9itions ,9 ?is section3 7#a7 ,,cac  
,! t]m ,,cac means ,*uga* ,alaska       
,corporation4  7#b7 ,,cac l& ,! t]m     
,,cac l& means l& convey$ to ,,cac      
pursuant to ! ,alaska ,native ,claims   
,settlem5t ,act 7#dc ,u4,s4,c4 #afja et 
seq47 9 :i*--  7,a7 bo? ! surface e/ate 
& ! subsurface e/ate 7 convey$ to ,,cac2
 or  7,b7 7i7 ! subsurface e/ate 0      

convey$ to ,,cac2 &  7ii7 ! surface     
e/ate or a cons]vation easem5t 9 !      
surface e/ate 0 acquir$ by ! ,/ate or by
 ! ,unit$ ,/ates z "p ( ! ,exxon ,valdez
 ,oil ,spill ,tru/ee ,c\ncil ,habitat   
,protection & ,acquisition ,program4    
7#c7 ,secret>y ,! t]m ,secret>y means ! 
,secret>y ( ,agriculture4  7#d7 ,/ate ,!
 t]m ,/ate means ! ,/ate ( ,alaska4  7b7
 ,/udy  7#a7 ,9 g5]al ,n lat] ?an #a ye>
 aft] ! date ( enactm5t ( ?is ,act1 !   
,secret>y1 9 coord9ation ) ! ,secret>y (
 ! ,int]ior & 9 consultation ) ,,cac1   
%all conduct a /udy to id5tify ! impacts
 on ,,cac l& t result$ f *anges 9 ,f$]al
 law or ,f$]al or ,/ate l& acquisitions 
9 ! ,*uga* region aft] ,decemb] #a1     
#aihj4  7#b7 ,/udy requirem5ts  7,a7 ,9 
g5]al ,! /udy describ$ 9 p>agraph 7#a7  
%all-- 7i7 consid] conflicts t h aris5  
betwe5 ! managem5t ( ,f$]al l& 9 !      
,*uga* region & ,,cac l&2  7ii7 include 
recomm5dations = a l& ex*ange1 includ+  
l& ex*ange options t c\ld be (f]$ to    
,,cac z consid]ation = ! conveyance (   

exi/+ prop]ty rights ( ,,cac 9 ex*ange =
 o!r ,f$]al l& or prop]ty available =   
ex*ange2 &  7iii7 id5tify n less ?an    
#ejj1jjj acres ( economically viable    
,f$]al l&1 be+ manag$ by any ,f$]al l&  
managem5t ag5cy1 9 or outside ! ,/ate t 
c be made available to ,,cac 9 ex*ange =
 any ,,cac l& id5tifi$ by ,,cac z       
available to ! ,unit$ ,/ates = ex*ange4 
7,b7 ,l& ex*ange requirem5ts ,any l&    
ex*ange describ$ 9 subp>agraph 7,a7 %all
 be pursuant to mutual agreem5t ( ,,cac 
& ! ,unit$ ,/ates & consummat$ 9        
accordance ) all applicable legal       
au?orizations1 except t any acre-=-acre 
ex*ange ( su* ,f$]al l& = su* ,,cac l&  
%all be conclusively deem$ to be 9 !    
public int]e/4  7c7 ,report ,n lat] ?an 
#b ye>s aft] ! date ( enactm5t ( ?is    
,act1 ! ,secret>y %all submit to !      
,committee on ,en]gy & ,natural         
,res\rces ( ! ,s5ate & ! ,committee on  
,natural ,res\rces ( ! ,h\se (          
,repres5tatives a report conta9+ !      
results ( ! /udy conduct$ "u ?is        

section1 ! id5tification ( ,f$]al l& =  
ex*ange1 & any o!r recomm5dations z     
id5tifi$ by ! ,secret>y ( ! ,int]ior4