Senate
Apr 7, 2025Travel 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...
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