ANCSA Land Transfer Equity Act of 1991

ANCSA Land Transfer Equity Act of 1991 - Amends the Alaska Native Claims Settlement Act (ANCSA) to require the Secretary of the Interior, within one year after notification by a Native Corporation of contaminants on certain transferred lands, to reach a settlement with such corporation to: (1) remove all contaminants left by the United States, its agent, or a lessee, from such lands; or (2) replace such contaminated lands with contaminated-free lands of equal value.

Declares that the United States: (1) assume all past, present, and future liabilities and obligations arising from the original transfer of such contaminated lands; and (2) defend and hold harmless Native Corporations in all claims arising from the original transfer of them.