AUTHORITY TO CONVEY BY WHOLE SECTION.

SEC. 203. AUTHORITY TO CONVEY BY WHOLE SECTION. Section 14(d) of the Alaska Native Claims Settlement Act (43 U.S.C. 1613(d)) is amended—(1) by striking “(d) the Secretary” and inserting the following:“(d)(1) The Secretary”; and(2) by adding at the end the following:“(2) For purposes of applying the rule of approximation under this section, the largest legal subdivision that may be conveyed in excess of the applicable acreage limitation specified in subsection (a) shall be—“(A) in the case of land managed by the Bureau of Land Management that is not within a conservation system unit, the next whole section;“(B) in the case of land managed by an agency other than the Bureau of Land Management that is not within a conservation system unit, the next quarter-section and only with concurrence of the agency; or“(C) in the case of land within a conservation system unit, a quarter of a quarter section, and if the land is managed by an agency other than the Bureau of Land Management, only with the concurrence of that agency.“(3)(A) If the Secretary determines pursuant to paragraph (2) that an entitlement of a Village Corporation (other than a Village Corporation listed in section 16(a)) or a Regional Corporation may be fulfilled by conveying a specific tract of surveyed or unsurveyed land, the Secretary and the affected Village or Regional Corporation may enter into an agreement providing that all land entitlements under this Act shall be deemed satisfied by conveyance of the specifically identified and agreed upon tract of land. “(B) An agreement entered into under subparagraph (A) shall be—“(i) in writing;“(ii) executed by the Secretary and the Village or Regional Corporation; and“(iii) authorized by a corporate resolution adopted by the affected Village or Regional Corporation.“(C) After execution of an agreement under subparagraph (A) and conveyance of the agreed upon tract to the affected Village or Regional Corporation—“(i) the Secretary shall not make any further adjustments to calculations relating to acreage entitlements of the Village or Regional Corporation; and “(ii) the Village or Regional Corporation shall not be entitled to any further conveyances under this Act.118 STAT. 3584“(D) A Village or Regional Corporation shall not be eligible to receive land under subparagraph (A) if the Village or Regional Corporation has received the full land entitlement of the Village or Regional Corporation through—“(i) an actual conveyance of land; or“(ii) a previous agreement.“(E) If the calculations of the Secretary indicate that the final survey boundaries for any Village or Regional Corporation entitlement for which an agreement has not been entered into under this paragraph include acreage in a quantity that exceeds the statutory entitlement of the corporation by ⅒ of 1 percent or less, but not more than the applicable acreage limitation specified in paragraph (2)—“(i) the entitlement shall be considered satisfied by the conveyance of the surveyed area; and “(ii) the Secretary shall not change the survey for the sole purpose of an acreage adjustment.“(F) This paragraph does not limit or otherwise affect the ability of a Village or Regional Corporation to enter into land exchanges with the United States.”.