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Tax relief for RV and camper dealers.

This act modifies tax rules to make it easier for dealers to finance the purchase of recreational vehicles (RVs) and campers. This could lead to more favorable financing terms for dealers, potentially impacting the availability and pricing of these vehicles for consumers. These changes are effective from the beginning of 2021.
Key points
Expands the definition of 'floor plan financing' to include certain travel trailers and campers.
Potentially lowers costs for dealers selling RVs and campers, which could affect consumer prices.
Changes are retroactive, applying to tax years beginning after December 31, 2020.
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Expired
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Additional Information
Print number: 117_S_2176
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2021-06-22
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Travel Trailer and Camper Tax Parity Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2176.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-06-22.

What are the main provisions?

Key points include:

  • Expands the definition of 'floor plan financing' to include certain travel trailers and campers.
  • Potentially lowers costs for dealers selling RVs and campers, which could affect consumer prices.
  • Changes are retroactive, applying to tax years beginning after December 31, 2020.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Ernst, Joni [R-IA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Economy