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Tax Changes: Funding for Golf Courses and Country Clubs

This bill amends tax laws by removing private and commercial golf courses and country clubs from the list of uses for which certain proceeds could not be used. This means that some funds previously restricted from these purposes can now be allocated to them. These changes may affect how such facilities are financed.
Key points
Allows certain financial proceeds to be used for private and commercial golf courses and country clubs.
Changes apply to obligations issued after the enactment date of this Act.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_3124
Sponsor: Rep. Tenney, Claudia [R-NY-24]
Process start date: 2023-05-05
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To 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.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_3124.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-05-05.

What are the main provisions?

Key points include:

  • Allows certain financial proceeds to be used for private and commercial golf courses and country clubs.
  • Changes apply to obligations issued after the enactment date of this Act.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Tenney, Claudia [R-NY-24].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Taxes Public Investments