Anaktuvuk Pass Land Exchange and Wilderness Redesignation Act of 1994 - Ratifies and confirms the agreement among the United States, the Arctic Slope Regional Corporation, the Nunamiut Corporation, and the city of Anaktuvuk Pass executed on December 17, 1992. Requires the lands acquired by the United States pursuant to such Agreement to be administered by the Secretary of the Interior as part of the Gates of the Arctic National Park and Preserve.
Amends the Alaska National Interest Lands Conservation Act to provide for: (1) the addition and the rescission of lands within the Gates of the Arctic Wilderness; and (2) the addition of lands to the Noatak National Preserve and the Noatak Wilderness.