Last Update :1/8/2016
Major Win for Golf on Conservation Easement Tax Incentive
During the Summer of 2015, the We Are Golf coalition, of which NGCOA is a founding member, scored a significant victory when it successfully reversed an effort within the Senate Finance Committee to exclude golf courses from conservation easement tax incentive eligibility.
We Are Golf has kept on the forefront of this issue for golf courses to ensure that golf courses retain their conservation easement tax incentive eligibility. Recently, Congress voted to make this a permanent reversal, which will have a positive impact on golf property owners for many years to come. With the permanent reversal, owners stand to earn deserved tax benefits based on keeping land open and undeveloped, this makes it easier for them to continue trends in golf course stewardship that includes conserving fish and wildlife habitat and natural spaces.
We Are Golf was formed in part because it had become clear the industry was misunderstood by too many elected officials. By focusing on the nearly two million Americans whose livelihoods are tied to golf, We Are Golf has leveled the playing field for the thousands of small businesses that make up the industry. We Are Golf will continue to monitor issues that affect the golf industry.
- The NGCOA Team
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