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The National Defense Authorization Act (NDAA) for Fiscal Year 2012[ 1 ][ 2 ] (Pub. L.Tooltip Public Law (United States) 112–81 (text) (PDF)) is a United States federal law which, among other things, specified the budget and expenditures of the United States Department of Defense. The bill passed the U.S. House on December 14, 2011 and passed ...
The 39th United States Congress was a meeting of the legislative branch of the United States federal government, consisting of the United States Senate and the United States House of Representatives. It met in Washington, D.C., from March 4, 1865, to March 4, 1867, during Abraham Lincoln 's final month as president, and the first two years of ...
The Reconstruction Acts, or the Military Reconstruction Acts (March 2, 1867, 14 Stat. 428-430, c.153; March 23, 1867, 15 Stat. 2-5, c.6; July 19, 1867, 15 Stat. 14-16, c.30; and March 11, 1868, 15 Stat. 41, c.25), were four statutes passed during the Reconstruction Era by the 40th United States Congress addressing the requirement for Southern States to be readmitted to the Union.
A like-kind exchange under United States tax law, also known as a 1031 exchange, is a transaction or series of transactions that allows for the disposal of an asset and the acquisition of another replacement asset without generating a current tax liability from the sale of the first asset. A like-kind exchange can involve the exchange of one ...
This is a complete list of members of the United States Senate during the 40th United States Congress listed by seniority, from March 4, 1867, to March 3, 1869. Order of service is based on the commencement of the senator's first term.
He co-authored and introduced an amendment regarding detention provisions (Subtitle D Section 1031) to S.1867 (the National Defense Authorization Act for Fiscal Year 2012). He voted in favor of the final version (H.R. 1540) which contained the detention provisions in section 1021.
The Alaska Purchase was the purchase of Alaska from the Russian Empire by the United States for a sum of $7.2 million in 1867 (equivalent to $129 million in 2023). On May 15 of that year, the United States Senate ratified a bilateral treaty that had been signed on March 30, and American sovereignty became legally effective across the territory on October 18.
Section 1031 (a) of the Internal Revenue Code (26 U.S.C. § 1031) states the recognition rules for realized gains (or losses) that arise as a result of an exchange of like-kind property held for productive use in trade or business or for investment. It states that none of the realized gain or loss will be recognized at the time of the exchange.