Summary

Requires the federal government and Chugach Alaska Corporation to complete a specific land exchange within one year: the United States conveys about 65,374 acres of federal surface lands (National Forest, BLM, and NPS) to Chugach Alaska in return for Chugach Alaska conveying about 231,036 acres of subsurface estate and associated conservation-easement parcels to the United States. Existing rights, easements, and third‑party encumbrances are preserved, and up to 209 acres set aside for village corporation development or shareholder homesites are excluded from the federal conveyance. Treats the exchanged lands as Alaska Native Claims Settlement Act conveyances to the receiving federal units, allows the parties to correct minor mapping or acreage errors by agreement, and provides that maps control where they conflict with acreage estimates unless both parties agree otherwise.

Key Points

• Mandates a land exchange to be completed within one year of enactment between the United States and Chugach Alaska Corporation.
• Federal surface lands (~65,374 acres across National Forest, BLM, and NPS units) would be conveyed to Chugach Alaska.
• Chugach Alaska would convey about 231,036 acres of subsurface estate plus conservation‑easement parcels to the United States.
• Existing rights, easements, and third‑party encumbrances on exchanged lands are preserved.
• Up to 209 acres reserved for village corporation development or shareholder homesites are excluded from the federal conveyance.
• Exchanged lands are treated as conveyances under the Alaska Native Claims Settlement Act and administered by the receiving federal land units.
• Maps control over acreage or written description conflicts unless both parties agree to change that rule.
• Federal and Chugach Alaska officials can mutually correct minor mapping, acreage, or description errors.

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