PAR Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1583 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 1583

    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.


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                    IN THE HOUSE OF REPRESENTATIVES

                           February 25, 2025

 Ms. Tenney (for herself, Mr. Panetta, and Mr. Hudson) introduced the 
 following bill; which was referred to the Committee on Ways and Means

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                                 A BILL


 
    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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Parity for Athletic Recreation Act'' 
or the ``PAR Act''.

SEC. 2. REPEAL OF RESTRICTIONS ON USE OF CERTAIN PROCEEDS FOR PRIVATE 
              OR COMMERCIAL GOLF COURSES AND COUNTRY CLUBS.

    (a) In General.--Section 144 of the Internal Revenue Code of 1986 
is amended by striking ``private or commercial golf course, country 
club,'' each place it appears.
    (b) Effective Dates.--
            (1) In general.--The amendment made by this section shall 
        apply to obligations issued after the date of the enactment of 
        this Act.
            (2) Special rule for empowerment zone employment credit.--
        For purposes of section 1396(d)(2) of the Internal Revenue Code 
        of 1986, the amendment made by subsection (a) shall apply to 
        individuals who begin work for the employer after the date of 
        the enactment of this Act.
            (3) Special rule for empowerment zone business and 
        opportunity zones.--For purposes of sections 1397C(d)(5) and 
        1400Z-2(d)(3)(A) of the Internal Revenue Code of 1986, the 
        amendment made by subsection (a) shall apply to taxable years 
        beginning after the date of the enactment of this Act.
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