Courses rebuilding in the wake of hurricanes

The U.S. House of Representatives passed their version of the Katrina Relief bill, but excludes golf courses from the relief.

Charleston, N.C. – The U.S. House of Representatives passed their version of the Katrina Relief bill, which includes numerous tax breaks and other forms of relief to citizens and businesses in the regions affected by Hurricane Katrina. The House bill creates a gulf opportunity zone comprised of the counties and parishes in Louisiana, Mississippi and Alabama that were designated as warranting individual or public and individual assistance by reason of Hurricane Katrina. The bill creates tax incentives to help revitalize and rebuild communities in the zone.

However, the bill excludes golf courses from the relief outlined in the bill despite the golf industry’s contributions to local, state and regional economies, such as opportunities for recreation, ample employment, tax revenue and a centerpiece for tourism.

The Senate’s version of the bill doesn’t discriminate against any particular industry. Members of the House and Senate are about to enter into a joint conference to iron out differences between the two versions of the bill. In case the bill comes out with unfair provisions and goes back to the House for final approval, the National Golf Course Owners Association is urging those in the golf industry in the region to contact their elected representatives and let them know golf an industry important to this region and shouldn’t be discriminated against.

The NGCOA says it’s critical for those in the region to call to ask representatives why they’re excluding the golf industry from federal tax breaks.
Visit http://capwiz.com/ngcoa/issues/alert/?alertid=8317861&type=CO.