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Tax Changes: Financing for Travel Trailers and Campers

This act amends tax rules to ease the financing of travel trailers and campers. This could make it easier for businesses selling these vehicles to access loans for their inventory, potentially affecting availability and prices for consumers. These changes will apply starting from 2025.
Key points
Easier financing for businesses selling travel trailers and campers.
Potential impact on the availability and pricing of recreational vehicles for citizens.
Changes take effect for tax years beginning after December 31, 2024.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_332
Sponsor: Rep. Yakym, Rudy [R-IN-2]
Process start date: 2025-01-13
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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 119_HR_332.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-01-13.

What are the main provisions?

Key points include:

  • Easier financing for businesses selling travel trailers and campers.
  • Potential impact on the availability and pricing of recreational vehicles for citizens.
  • Changes take effect for tax years beginning after December 31, 2024.
What is the specific legal status?

The current status is Introduced.

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 Rep. Yakym, Rudy [R-IN-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Economy