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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.
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Status:
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