Sec. 2. Dividend exclusion increase
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Section 29(c)(A) of the Alaska Native Claims Settlement Act ( 43 U.S.C. 1626(c)(A) ) is amended by striking exceed $2,000 per individual per annum and inserting the following: exceed— for any calendar year preceding 2017, $2,000 per individual per annum; and for calendar year 2017 and all subsequent calendar years, $5,000 per individual per annum, to be adjusted for inflation in fiscal year 2022, and every 5 years thereafter, by increasing the amount provided under this subparagraph for the preceding year by the percentage increase in the Consumer Price Index for All Urban Consumers, as published by the Bureau of Labor Statistics, during the preceding 5-year period; .
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Sec. 2
Dividend exclusion increase
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