Alaska Land Swap: Consolidating Conservation and Supporting Native Corporations
This Act authorizes a major land exchange in Alaska between the Federal Government and the Chugach Alaska Corporation, established by Alaska Natives. The goal is to resolve a long-standing conflict stemming from the 1989 Exxon Valdez oil spill recovery efforts. The Federal Government acquires subsurface rights to approximately 231,000 acres of protected land, ensuring permanent conservation. In return, Chugach Alaska receives 65,403 acres of Federal land in fee simple, supporting its economic obligations to its Native shareholders.
Key points
Strengthening Environmental Protection: The Federal Government acquires subsurface rights to 231,000 acres of land previously protected under the Exxon Valdez Oil Spill Program, eliminating potential conflicts with resource development.
Economic Support for Alaska Natives: Chugach Alaska Corporation receives over 65,000 acres of Federal land in full ownership, helping it meet its responsibilities under the Alaska Native Claims Settlement Act.
Streamlining Land Management: The exchange consolidates surface and subsurface ownership, making Federal management of conservation areas more efficient.
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