The resolution expresses strong support from the Alaska State Legislature for the participation of Alaska Native corporations in the United States Small Business Administration's 8(a) Business Development Program. Established under the Alaska Native Claims Settlement Act of 1971, these corporations aim to promote economic self-sufficiency and create job opportunities for Alaska Natives. The resolution highlights the significant contributions of these corporations to the state's economy, including job creation, workforce development, and reinvestment in community services such as health care, education, and cultural preservation.
Furthermore, the resolution emphasizes the importance of maintaining the unique eligibility of Alaska Native corporations within the 8(a) program, which has proven beneficial for both the corporations and the broader Alaskan community. It urges federal authorities, including the President and Congress, to protect and uphold the provisions that allow these corporations to participate in the program, while affirming the state's commitment to Alaska Native self-determination and the federal trust responsibility. The resolution aims to counter any proposals that may threaten the participation of Alaska Native corporations in this vital economic development initiative.