summary
Introduced
05/24/2023
05/24/2023
In Committee
05/24/2023
05/24/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th 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 of 1986 to provide that "floor plan financing" (a type of business loan) includes the financing of certain trailers and campers designed for temporary living, camping, or seasonal use and intended to be towed by or affixed to a motor vehicle. The amendment applies to taxable years beginning after December 31, 2022, 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 (19)
Rudy Yakym (R)*,
Mark Alford (R),
Jim Baird (R),
Troy Balderson (R),
Jim Banks (R),
Larry Bucshon (R),
Mike Carey (R),
Lori Chavez-DeRemer (R),
Randy Feenstra (R),
Scott Fitzgerald (R),
Diana Harshbarger (R),
Erin Houchin (R),
Mike Kelly (R),
Greg Pence (R),
Guy Reschenthaler (R),
John Rutherford (R),
Claudia Tenney (R),
Dina Titus (D),
Roger Williams (R),
Last Action
Referred to the House Committee on Ways and Means. (on 05/24/2023)
Bill Topics
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/3624/all-info | 05/25/2023 |
| BillText | https://www.congress.gov/118/bills/hr3624/BILLS-118hr3624ih.pdf | 06/15/2023 |
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