Economic Fair Treatment and Job Creation Act of 2010 - Amends the American Recovery and Reinvestment Act of 2009 to revise the prohibition against the use by any state or local government or private entity of funds made available in that Act for any golf course to prohibit such use for any golf course: (1) which is private; and (2) to the extent such funds are not for job creation and workforce diversification relating to such golf course.
Requires any entity that uses such funds for a golf course to: (1) submit to the Comptroller General a report which describes baseline data on existing jobs and diversity of the golf course and related businesses and provides detailed information on jobs created; and (2) institute a diversity plan for the golf course and related businesses and establish objective conduct for recruiting women, members of racial and ethnic minority groups, and individuals with disabilities for entry, mid-management, and senior executive positions. Requires the Comptroller General to report on the use of any funds for golf courses as a result of this Act.
Amends the Internal Revenue Code to remove commercial golf courses from property for which specified Gulf Opportunity Zone tax benefits are not available.