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H.R. 1866 · 109th Congress

To facilitate shareholder consideration of making Settlement Common Stock under the Alaska Native Claims…

Full title

To facilitate shareholder consideration of making Settlement Common Stock under the Alaska Native Claims Settlement Act available to Alaska Natives born after December 18, 1971, descendants of Alaska Natives born after December 18, 1971, missed enrollees, and Native Elders, and for other purposes.

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

DYR YoungSponsor

No cosponsors.

Amends the Alaska Native Claims Settlement Act with respect to procedures for considering amendments to the articles of incorporation of a Native Corporation to authorize the issuance of additional shares of Settlement Common Stock to Alaska Natives born after December 18, 1971 (or their descendants), missed enrollees, and Native Elders.

What it does: CRS summary · Introduced in House · Apr 26, 2005

Amends the Alaska Native Claims Settlement Act with respect to procedures for considering amendments to the articles of incorporation of a Native Corporation to authorize the issuance of additional shares of Settlement Common Stock to Alaska Natives born after December 18, 1971 (or their descendants), missed enrollees, and Native Elders. Applies the same voting standards to Corporation shareholder approval of such an amendment as apply to a resolution to establish a Settlement Trust. (Thus requires an affirmative vote of shares representing: (1) a majority of the shares present or represented by proxy at the meeting; or (2) an amount of shares greater than a majority present or represented by proxy at the meeting (but not greater than two-thirds of the Corporation's total voting power), if the Corporation establishes such a level by an amendment to its articles of incorporation.)

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To facilitate shareholder consideration of making Settlement Common Stock under the Alaska Native Claims Settlement Act available to Alaska Natives born after December 18, 1971, descendants of Alaska Natives born after December 18, 1971, missed enrollees, and Native Elders, and for other purposes.

Latest action (Apr 26, 2005): Referred to the House Committee on Resources.

Policy area: Native Americans · Origin: House · Introduced: Apr 26, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.