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- S.1495
S.1495: ANCSA Fractional Shares Consolidation Act of 2017
About This Bill
- Introduced June 29, 2017
- Latest Major Action June 29, 2017
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - June 29, 2017
Bill Summary
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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
June 29, 2017 |
Read twice and referred to the Committee on Energy and Natural Resources.
|
June 29, 2017 |
Introduced in the Senate by Lisa Murkowski (R-Alaska) |