S.1495: ANCSA Fractional Shares Consolidation Act of 2017

About This Bill

  • Introduced June 29, 2017
  • Latest Major Action June 29, 2017

Bill Cosponsor

Bill Version

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

There is one statement associated with S.1495.

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)

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