- Stage
- In committee
- Started in
- House
- Sponsors
- 17
- Latest action
- Feb 25, 2025
What it does
The PAR Act would amend the Internal Revenue Code to remove private or commercial golf courses and country clubs from the list of prohibited uses for certain tax-exempt bond proceeds, allowing such proceeds to be used for these facilities. The change would apply to obligations issued after the bill’s enactment, with specific effective dates for related provisions affecting empowerment zone employment credits and opportunity zone tax benefits. The bill affects issuers of tax-exempt bonds and entities seeking to use bond proceeds for golf courses or country clubs, primarily altering restrictions under Section 144 of the tax code.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.