[§ 1056. Repealed. [Pub. L. 108–357, title VIII, § 886(b)(1)(A)](/us/pl/108/357/tVIII/s886/b/1/A), Oct. 22, 2004, [118 Stat. 1641](/us/stat/118/1641)]

Type Statute

Publication 2026-01-12

State In force

Department United States Congress

Source OLRC

[§ 1056. Repealed. Pub. L. 108–357, title VIII, § 886(b)(1)(A), Oct. 22, 2004, 118 Stat. 1641]

Section, added Pub. L. 94–455, title II, § 212(a)(1), Oct. 4, 1976, 90 Stat. 1545; amended Pub. L. 99–514, title VI, § 631(e)(13), Oct. 22, 1986, 100 Stat. 2275, related to basis limitation for player contracts transferred in connection with the sale of a franchise.

A prior section 1056 was renumbered section 1063 of this title.

Statutory Notes and Related Subsidiaries

Effective Date of Repeal

Repeal applicable to property acquired after Oct. 22, 2004, see section 886(c)(1) of Pub. L. 108–357, set out as an Effective Date of 2004 Amendment note under section 197 of this title.

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