A bill to amend section 12 of the Indian Reorganization Act of June 18, 1934 (25 U.S.C. 472).

Amends the Indian Reorganization Act to provide that no Indian employee of the Department of the Interior who was extended, or is eligible for, an employment preference under specified Federal provisions shall be deemed to have a financial conflict of interest solely because: (1) he or she is a member of, eligible for membership in, or affiliated with an Indian tribe; (2) he or she is an Alaska native owning stock in a regional or village corporation established pursuant to the Alaska Native Claims Settlement Act; or (3) he or she has a relationship with such a person.