S. 2016: Chugach Alaska Land Exchange Oil Spill Recovery Act of 2025
The Chugach Alaska Land Exchange Oil Spill Recovery Act of 2025 is designed to address and resolve land ownership disputes that originated from the Exxon Valdez oil spill. The primary objectives of this bill include:
Land Exchange
The bill authorizes a land exchange between the Chugach Alaska Corporation, which represents Native shareholders, and the U.S. government. Through this exchange, the aim is to consolidate land management under federal jurisdiction while simultaneously addressing the interests and responsibilities of Native shareholders.
Resolving Ownership Conflicts
One of the key motivations behind the bill is to resolve longstanding conflicts concerning land ownership that were exacerbated by the aftermath of the Exxon Valdez oil spill. This incident had significant environmental and economic impacts in Alaska, and the bill seeks to remedy some of the issues that arose from it.
Federal Land Management
By facilitating this land exchange, the bill aims to enhance federal land management efforts in the region. This may include better conservation practices, improved resource management, and streamlined governance of the areas affected by the Exxon Valdez oil spill.
Support for Native Shareholder Responsibilities
The legislation is also focused on supporting the responsibilities and rights of Native shareholders associated with the Chugach Alaska Corporation. This includes ensuring that their interests are considered and respected throughout the land exchange process.
Overall Impact
The overall impact of the bill is intended to create a more equitable framework for land management in Alaska while addressing the historical ramifications of the Exxon Valdez oil spill. It seeks to balance the needs of the federal government with those of Native communities affected by the spill.
Relevant Companies
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Sponsors
2 bill sponsors
Actions
2 actions
Date | Action |
---|---|
Jun. 10, 2025 | Introduced in Senate |
Jun. 10, 2025 | Read twice and referred to the Committee on Energy and Natural Resources. |
Corporate Lobbying
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Potentially Relevant Congressional Stock Trades
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