This act removes the requirement that Alaska Native village corporations must convey lands to Alaska to be held in trust for future municipal governments.
The Alaska Native Claims Settlement Act (ANCSA) requires all Alaska Native village corporations that receive land under the ANCSA to convey certain lands to the existing municipality in the village or, if no municipality exists, to Alaska in trust for any municipality that may be established in the future. This act removes the requirement for conveyance. Additionally, the act allows village corporations to regain title to the lands held in trust by dissolving the trust through formal resolution by the village corporation and the residents of the Native village.