Florida Prilosec Shortage Averted: Pro Tours Retain Tax-Exempt Status In Senate Bill
Sunday, December 3, 2017 at 03:27 PM
Geoff in LPGA, PGA Tour, PGA of America

Since this CNBC story hit last week reporting the potential Senate tax bill inclusion of a giant headache for golf's professional organizations, heartburn and acid reflux medicine has been flying off the shelves in greater Daytona Beach, Ponte Vedra Beach and West Palm Beach.

While we don't know if this shortage was tied to the possibility of losing 501(c)(6) status for the PGA Tour, LPGA Tour and PGA of America, things should return to normal after some Senator struck language sometime Friday. The bill was voted on Saturday morning without language that would have done untold damage to the business operations of the tours and potentially to the PGA of America.

My Golfweek story here on the language in the bill and what this might have meant. Not included are insights into the thousands of messages between tours and lobbyists in the frantic moments leading to the final legislation shaping.

Here is a final version of the bill, minus all of the pork written into the margins.

Article originally appeared on A blog devoted to the state of golf. (http://www.geoffshackelford.com/).
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