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Tax Relief for Travel Trailers and Campers

This new act expands the definition of floor plan financing to include travel trailers and campers. This means dealers of these vehicles may get more favorable financing terms, potentially affecting availability and prices for buyers. These changes will apply to tax years beginning after December 31, 2024.
Key points
Dealers of travel trailers and campers may benefit from new tax relief, potentially lowering their operating costs.
Potentially lower prices or greater availability of trailers and campers for individuals planning to purchase.
The changes take effect from January 1, 2025.
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Status: Introduced
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Additional Information
Print number: 119_S_1314
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2025-04-07