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S 1495 115th Congress Senate Native Americans Alaska Alaska Natives and Hawaiians Corporate finance and management Indian claims Securities

ANCSA Fractional Shares Consolidation Act of 2017

Introduced: June 29, 2017 Introduced by: Murkowski, Lisa Republican · Alaska See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 29, 2017
Read twice and referred to the Committee on Energy and Natural Resources.
Jun 29, 2017
Introduced in Senate
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 Plain-English summary Congressional Research Service

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.

What's happening now June 29, 2017

Read twice and referred to the Committee on Energy and Natural Resources.

 Related & companion bills 1
  • S 1481 Related bill Alaska Native Claims Settlement Improvement Act of 2017
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Sullivan, Dan
Alaska · Jun 29, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1495: ANCSA Fractional Shares Consolidation Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-S-1495/
MLA
"S. 1495: ANCSA Fractional Shares Consolidation Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-1495/.
Bluebook (legal)
S. 1495, 115th Cong. (2026), https://openamerica.io/bill/115-S-1495/.
Markdown link
[S. 1495: ANCSA Fractional Shares Consolidation Act of 2017](https://openamerica.io/bill/115-S-1495/)
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