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Bill > S2176


US S2176

US S2176
Travel Trailer and Camper Tax Parity Act


summary

Introduced
06/22/2021
In Committee
06/22/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to provide that floor plan financing includes the financing of certain trailers and campers.

AI Summary

This bill, the Travel Trailer and Camper Tax Parity Act, amends the Internal Revenue Code to provide that "floor plan financing" (a type of business loan) includes the financing of certain trailers and campers designed for recreational, camping, or seasonal use and intended to be towed or affixed to a motor vehicle. This change applies to taxable years beginning after December 31, 2020, effectively extending the same tax treatment to these types of recreational vehicles as is currently provided for other types of vehicles.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Read twice and referred to the Committee on Finance. (on 06/22/2021)

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