US Congress Senate Bill 1495 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on June 29 2017 - 25% progression, died in committee
Action: 2017-06-29 - Read twice and referred to the Committee on Energy and Natural Resources.
Pending: Senate Energy And Natural Resources Committee
Text: Latest bill text (Introduced) [PDF]

ANCSA Fractional Shares Consolidation Act of 2017 This bill amends the Alaska Native Claims Settlement Act to allow Alaska Native regional corporations to issue a full share of any class of stock, for no consideration, in exchange for a fractional share of the same class of stock, held by any shareholder, as long as the corporation exchanges all fractional shares of a class of stock for full shares at the same time. After converting fractional shares of stock to full shares, a corporation may adopt a policy that provides for the elimination of fractional shares.

ANCSA Fractional Shares Consolidation Act of 2017

Sen. Lisa Murkowski [R-AK]

Sen. Dan Sullivan [R-AK]

Date	Chamber	Action
2017-06-29	Senate	Read twice and referred to the Committee on Energy and Natural Resources.

SB1481 (Related) 2018-02-07 - Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/1495/all-info
Text	https://www.congress.gov/115/bills/s1495/BILLS-115s1495is.pdf