(a) Continuing availability of otherwise available governmental programs. The payments and grants authorized under this chapter constitute compensation for the extinguishment of claims to land, and shall not be deemed to substitute for any governmental programs otherwise available to the Native people of Alaska as citizens of the United States and the State of Alaska.
(b) Food stamp program. Notwithstanding section 5(a) and any other provision of the Food Stamp Act of 1964 (78 Stat. 703), as amended, in determining the eligibility of any household to participate in the food stamp program, any compensation, remuneration, revenue, or other benefit received by any member of such household under this chapter shall be disregarded.
(c) Eligibility for need-based Federal programs. In determining the eligibility of a household, an individual Native, or a descendant of a Native (as defined in section 1602(r) of this title) to
(1) participate in the Food Stamp Program,
(2) receive aid, assistance, or benefits, based on need, under the Social Security Act, or
(3) receive financial assistance or benefits, based on need, under any other Federal program or federally-assisted program,
none of the following received from a Native Corporation, shall be considered or taken into account as an asset or resource:
(A) cash (including cash dividends on stock received from a Native Corporation and on bonds received from a Native Corporation) to the extent that it does not, in the aggregate, exceed $2,000 per individual per annum;
(B) stock (including stock issued or distributed by a Native Corporation as a dividend or distribution on stock) or bonds issued by a Native Corporation which bonds shall be subject to the protection of section 7(h) until voluntarily and expressly sold or pledged by the shareholder subsequent to the date of distribution;
(C) a partnership interest;
(D) land or an interest in land (including land or an interest in land received from a Native Corporation as a dividend or distribution on stock); and
(E) an interest in a Settlement Trust.
(d) Federal Indian programs. Notwithstanding any other provision of law, Alaska Natives shall remain eligible for all Federal Indian programs on the same basis as other Native Americans.
(e) Minority status
(1) For all purposes of Federal law, a Native Corporation shall be considered to be a corporation owned and controlled by Natives and a minority and economically disadvantaged business enterprise if the Settlement Common Stock of the corporation and other stock of the corporation held by holders of Settlement Common Stock and by Natives and descendants of Natives, represents a majority of both the total equity of the corporation and the total voting power of the corporation for the purposes of electing directors.
(2) For all purposes of Federal law, direct and indirect subsidiary corporations, joint ventures, and partnerships of a Native Corporation qualifying pursuant to paragraph (1) shall be considered to be entities owned and controlled by Natives and a minority and economically disadvantaged business enterprise if the shares of stock or other units of ownership interest in any such entity held by such Native Corporation and by the holders of its Settlement Common Stock represent a majority of both
(A) the total equity of the subsidiary corporation, joint venture, or partnership; and
(B) the total voting power of the subsidiary corporation, joint venture, or partnership for the purpose of electing directors, the general partner, or principal officers.
(3) No provision of this subsection shall
(A) preclude a Federal agency or instrumentality from applying standards for determining minority ownership (or control) less restrictive than those described in paragraphs (1) and (2), or
(B) supersede any such less restrictive standards in existence on February 3, 1988.
(f) [deleted]
(g) Civil Rights Act of 1964. For the purposes of implementation of the Civil Rights Act of 1964, a Native Corporation and corporations, partnerships, joint ventures, trusts, or affiliates in which the Native Corporation owns not less than 25 per centum of the equity shall be within the class of entities excluded from the definition of "employer" by section 701(b)(1) of Public Law 88-352 (78 Stat. 253) , as amended, or successor statutes.
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