PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Energy and Natural Resources.
Congressional Research Service
Version 00 · Introduced in Senate · Jun 29, 2017
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.
People & committees
Sen. Murkowski, Lisa [R-AK] · R–AK
Legislative record
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Read twice and referred to the Committee on Energy and Natural Resources.
Introduced in Senate
Primary sources
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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