(a)
Selection and Conveyance of Surface Estate.— Not later than 90 days after the date of enactment of this Act, if Cape Fox submits to the Secretary a written notice of selection of the Federal land, the Secretary shall, on receiving that written notice, convey the Federal land to Cape Fox.
(b)
Conveyance of Subsurface Estate.— On conveyance to Cape Fox of the surface estate to the Federal land under subsection (a), the Secretary shall convey to Sealaska Corporation the subsurface estate to that Federal land.
(c)
Timing.— It is the intent of Congress that the Secretary complete the conveyances to Cape Fox and Sealaska Corporation under subsections (a) and (b), respectively, as soon as practicable after the date on which the Secretary receives a written notice of the selection of Cape Fox under subsection (a), but not later than 180 days after the date on which the Secretary receives that written notice.
(d)
Entitlement Fulfilled.— The conveyance of Federal land to Cape Fox and the subsurface interest in the Federal land to Sealaska Corporation under subsections (a) and (b), respectively, shall be considered to fulfill the entitlement of—
(1)
Cape Fox under section 16 of the Alaska Native Claims Settlement Act (
43 U.S.C. 1615); and
(2)
Sealaska Corporation to any subsurface interest in the Federal land under section 14(f) of that Act (
43 U.S.C. 1613(f)).