A bill to amend the Alaska National Interest Lands Conservation Act of 1980 to clarify the treatment of submerged lands and ownership by the Alaskan Native Corporation.

(Measure passed Senate, amended) Amends the Alaska National Interest Lands Conservation Act to extend for two additional years the time that the State of Alaska can file a judicial challenge to: (1) the conveyance of submerged lands to a Native Corporation or Native group pursuant to the Alaska Native Claims Settlement Act or this Act; or (2) a decision by the Secretary of the Interior with respect to the navigability of water covering such lands.

(Reported to Senate from the Committee on Energy and Natural Resources with amendment, S. Rept. 99-507) Amends the Alaska National Interest Lands Conservation Act to require lakes, rivers, and streams to be meandered in accordance with specified principles whenever the Secretary of the Interior surveys land selected by an Alaska Native, a Native corporation, or the State. Prohibits certain size lakes, rivers, and streams from being meandered if title to lands beneath such navigable waters did not vest in the State under the Submerged Lands Act. Provides that when the Secretary conveys land to an Alaska Native, a Native Corporation, or the State which abuts or surrounds a lake, river, or stream which is required to be meandered, then any U.S. interest in the land under such lake, river, or stream shall vest in and not be charged against the entitlement of such Native, Native corporation, or State. Incorporates the terms of a specified document into this Act. Requires the execution of an interim conveyance or patent by the Bureau of Land Management of land selected by an Alaskan Native or Native Corporation which surrounds a lake, river, or stream to be the final agency action with respect to a decision of the Secretary that such lake, river, or stream is or not navigable, unless such decision was appealed to an agency or board of the Department of the Interior on or before December 2, 1980. Grants the Bureau of Land Management the authority to determine the navigability of a lake, river, or stream within an area selected under the Native Claims Settlement Act or this Act unless a determination by the Bureau that such lake, river, or stream is or is not navigable was appealed to an agency or board of the Department of the Interior on or before December 2, 1980. Provides that if title to land conveyed to a Native Corporation pursuant to the Alaska Native Claims Settlement Act or this Act which underlies a lake, river, or stream is challenged in court and such court determines that such land is owned by the Native Corporation, such Corporation shall be awarded a money judgment against the plaintiffs in an amount equal to its costs and attorney's fees, including such costs on appeal. Provides that nothing in this Act shall alter any land exchange agreement between the United States and a Native Corporation.

Amends the Alaska National Interest Lands Conservation Act to require lakes, rivers, and streams to be meandered in accordance with specified principles whenever the Secretary of the Interior surveys land selected by an Alaska Native, a Native corporation, or the State. Prohibits certain size lakes, rivers, and streams from being meandered if title to lands beneath such navigable waters did not vest in the State under the Submerged Lands Act. Provides that when the Secretary conveys land to an Alaska Native, a Native Corporation, or the State which abuts or surrounds a lake, river, or stream which is required to be meandered, then any U.S. interest in the land under such lake, river, or stream shall vest in and not be charged against the entitlement of such Native, Native corporation, or State. Incorporates the terms of a specified document into this Act.