Senate
Apr 7, 2025

Travel Trailer and Camper Tax Parity Act

Summary

Official

Travel Trailer and Camper Tax Parity Act This bill expands the exclusion of interest on floor plan financing from the limit on the tax deduction for business interest expenses to include interest on floor plan financing of certain non-motorized, towable campers and trailers.  Under current law, the tax deduction for business interest expenses is generally...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(4/7/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

JE

Ms. Ernst

Senate (R) Iowa

Cosponsors (4)

Latest Action

Read twice and referred to the Committee on Finance.

Apr 7, 2025

View Bill on Congress.gov