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Chugach Alaska Land Exchange: Exxon Valdez Oil Spill Recovery

This act aims to finalize a land exchange between the Chugach Alaska Corporation and the U.S. government, addressing issues stemming from the 1989 Exxon Valdez oil spill. This exchange will help Native Alaskans regain control over some lands and consolidate federal ownership of conservation areas, facilitating regional management and development.
Key points
The land exchange resolves a property conflict caused by the Exxon Valdez oil spill, which hindered economic and social development for Alaska Native communities.
Chugach Alaska Corporation will receive approximately 65,374 acres of federal land in exchange for about 231,000 subsurface acres, providing economic and social benefits to its shareholders.
The U.S. government will gain full control over protected areas, streamlining environmental conservation efforts in the region affected by the disaster.
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Introduced
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Additional Information
Print number: 119_S_2016
Sponsor: Sen. Murkowski, Lisa [R-AK]
Process start date: 2025-06-10