HB 229-REINSTATEMENT OF NATIVE CORPORATIONS                                                                       
                                                                                                                              
2:47:39 PM                                                                                                                    
                                                                                                                                
CHAIR GARY STEVENS announced HB 229 to be up for consideration.                                                                 
                                                                                                                                
PAUL LABOLLE,  Staff to  Representative Richard  Foster, Sponsor,                                                               
described  the  bill as  a  one-time  window for  village  Native                                                               
corporations to  reincorporate after involuntary  dissolution. If                                                               
a  corporation doesn't  reincorporate, it  wouldn't own  the same                                                               
assets granted in the Native Alaska Lands Claims Settlement.                                                                    
                                                                                                                                
CHAIR GARY STEVENS noted there were no questions and held HB 229                                                                
in committee.