,,ii  #aaeth ,,congress  #ast ,session  
,s4 #adif  ,,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     
amend the definition of ,village        
,corporation in the ,alaska ,native     
,claims ,settlement ,act1 and for other 
purposes4  #a4 ,short title  ,this ,act 
may be cited as the ,,ancsa ,corporation
 ,reinstatement ,act of #bjag4  #b4     
,reinstatement of dissolved ,village or 
,group ,corporations ,section #c of the 
,alaska ,native ,claims ,settlement ,act
 7#dc ,u4,s4,c4 #afjb7 is amended by    
striking subsection 7j7 and inserting   
the following3  7j7 ,village            
,corporation ,the term ,village         
,corporation-- 7#a7 means an ,alaska    
,native ,village ,corporation organized 
under the laws of the ,state of ,alaska 
as a business for profit or nonprofit   

corporation to hold1 invest1 manage1 or 
distribute lands1 property1 funds1 and  
other rights and assets for and on      
behalf of a ,native village in          
accordance with the terms of this ,act2 
and  7#b7 shall include any successor   
corporation of a ,village ,corporation  
involuntarily dissolved under the laws  
of the ,state of ,alaska if--  7,a7 the 
successor has received all or           
substantially all of the assets of the  
original ,village ,corporation2  7,b7   
the shareholders of the successor are   
comprised of all shareholders of record 
or heirs of such shareholders at the    
time of such involuntary dissolution2   
and  7,c7 the successor corporation is  
organized under the laws of the ,state  
of ,alaska2  4