To authorize the establishment of a memorial at Custer Battlefield National Monument to honor the Indians who fought in the Battle of the Little Bighorn, and for other purposes.

Title I: Redesignates the Custer Battlefield National Monument in Montana as the Little Bighorn Battlefield National Monument.

Designates the cemetery located within the monument as the Custer National Cemetery.

Title II: Directs the Secretary of the Interior to establish the Little Bighorn Battlefield National Monument Advisory Committee to ensure that the memorial designed and constructed shall be appropriate to the monument, its resources and landscape, sensitive to the history being portrayed, and artistically commendable.

Terminates the committee upon dedication of the memorial.

Directs the Secretary to design, construct, and maintain a memorial at the Little Bighorn Battlefield National Monument to: (1) honor and recognize the Indians who fought to preserve their land and culture in the Battle of the Little Bighorn; (2) provide visitors with an improved understanding of the events leading up to and the consequences of the battle; and (3) encourage peace among people of all races.

Authorizes appropriations.

Title III: Amends the Alaska Native Claims Settlement Amendments Act of 1987 to postpone from December 18, 1991, to July 16, 1993, termination of the restrictions on alienation of settlement common stock of Alaska Native Corporations. States that such continuing restrictions shall not apply to a Native Corporation whose board of directors approves by March 1, 1992, a resolution electing to decline their application.