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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires repeal of restrictions on use of certain proceeds for private or commercial golf courses and country clubs Section 144 of the Internal Revenue Code of 1986 is amended by striking private or commercial golf. It relies on definition changes, tax rate changes, and compliance mandates. The main policy areas are Business and Finance.
Who Benefits and How
Businesses and employers affected by the bill could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.
Key Provisions
- Requires repeal of restrictions on use of certain proceeds for private or commercial golf courses and country clubs Section 144 of the Internal Revenue Code of 1986 is amended by striking private or commercial golf...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires repeal of restrictions on use of certain proceeds for private or commercial golf courses and country clubs Section 144 of the Internal Revenue Code of 1986 is amended by striking private or commercial golf.
Key Policy Areas
Business, Finance
Primary Purpose
The bill requires repeal of restrictions on use of certain proceeds for private or commercial golf courses and country clubs Section 144 of the Internal Revenue Code of 1986 is amended by striking private or commercial golf.
Policy Domains
Whole bill
Identified Gains
- Businesses and employers affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
Sponsors
Legislative Progress
IntroducedMs. Tenney (for herself and Mr. Panetta) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
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