BIPARTISAN BILL SEEKS EQUITABLE TREATMENT OF GOLF COURSES

By GCSAA Staff

GCSAA calls for members to contact representatives in support of House Resolution 3124.

On May 5, H.R. 3124 was filed in the U.S. House of Representatives by Rep. Claudia Tenney (R-NY) and cosponsored by Rep Jimmy Panetta (D-CA), calling for the removal of golf from section 144(c)(6)(B) of the U S tax code, which disqualifies golf facilities from disaster relief and economic stimulus programs that are available to other businesses such as restaurants, hotels, and other leisure activities.

The tax code section currently states that: "no portion of the proceeds of such issue is to be used to provide (including the provision of land for) any private or commercial golf course, country club, massage parlor, hot tub facility, suntan facility, racetrack or other facility used for gambling, or any store the principal business of which is the sale of alcoholic beverages for consumption off premises."

Passage of H.R. 3124 would amend the Internal Revenue Code of 1986 to remove private or commercial golf courses and country clubs from the list of uses for which certain proceeds cannot be used The golf industry converged in Washington D C for National