Alaska’s Clear and Equitable Share (ACES)

Target entity: Alaska’s Clear and Equitable Share (ACES)
Context triple: [Oil and Gas Tax Administration in Alaska, keyLegislation, Alaska’s Clear and Equitable Share (ACES)]

• A. Alaska Native Claims Settlement Act
  The Alaska Native Claims Settlement Act is a landmark 1971 U.S. federal law that resolved aboriginal land claims in Alaska by creating Native-owned corporations and transferring land and monetary compensation to Alaska Native peoples.
• B. Alaska Permanent Fund Dividend program
  The Alaska Permanent Fund Dividend program is a state-run initiative that annually distributes a share of Alaska’s oil and mineral revenue earnings directly to eligible residents.
• C. Alaska National Interest Lands Conservation Act
  The Alaska National Interest Lands Conservation Act is a 1980 U.S. federal law that greatly expanded protected public lands in Alaska, including national parks, wildlife refuges, and wilderness areas, to conserve natural, cultural, and subsistence resources.
• D. Alaska Essential Air Service program
  The Alaska Essential Air Service program is a specialized component of the U.S. Essential Air Service initiative that subsidizes and maintains vital air connectivity to remote and isolated communities across Alaska.
• E. Alaska Permanent Fund
  The Alaska Permanent Fund is a state-owned investment fund that manages revenue from Alaska’s oil and mineral resources to generate long-term financial returns for the benefit of current and future residents.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: Alaska’s Clear and Equitable Share (ACES)
Target entity description: Alaska’s Clear and Equitable Share (ACES) is a former Alaska oil and gas production tax system that significantly increased the state’s share of petroleum revenues through progressive tax rates tied to oil prices.

• A. Alaska Native Claims Settlement Act
  The Alaska Native Claims Settlement Act is a landmark 1971 U.S. federal law that resolved aboriginal land claims in Alaska by creating Native-owned corporations and transferring land and monetary compensation to Alaska Native peoples.
• B. Alaska Permanent Fund Dividend program
  The Alaska Permanent Fund Dividend program is a state-run initiative that annually distributes a share of Alaska’s oil and mineral revenue earnings directly to eligible residents.
• C. Alaska National Interest Lands Conservation Act
  The Alaska National Interest Lands Conservation Act is a 1980 U.S. federal law that greatly expanded protected public lands in Alaska, including national parks, wildlife refuges, and wilderness areas, to conserve natural, cultural, and subsistence resources.
• D. Alaska Essential Air Service program
  The Alaska Essential Air Service program is a specialized component of the U.S. Essential Air Service initiative that subsidizes and maintains vital air connectivity to remote and isolated communities across Alaska.
• E. Alaska Permanent Fund
  The Alaska Permanent Fund is a state-owned investment fund that manages revenue from Alaska’s oil and mineral resources to generate long-term financial returns for the benefit of current and future residents.
• F. None of above. chosen