RV Industry Association Launches Tax Parity Advocacy Campaign

Overview

Earlier this year, U.S. Representatives Rudy Yakym (R-IN) and Dina Titus (D-NV) introduced the Travel Trailer and Camper Tax Parity Act (H.R. 332), a bipartisan bill aimed at supporting RV dealers nationwide. The bill would enable all RV dealers to fully deduct the interest on floorplan loans for non-motorized towable trailers, which account for 88 percent of all RV sales.

A companion bill to the Tax Parity Act (S.1314), was introduced in the Senate on Monday, April 7th by Senators Joni Ernst (R-IA), Angus King (I-ME), and Todd Young (R-IN). Identical to the House version, the bill seeks to amend the Internal Revenue Code of 1986 to provide that floorplan financing includes the financing of certain RV trailers. Senator Jim Banks (R-IN) has already joined as a cosponsor.

Why It Matters

All 50 states define and regulate towable RVs and campers as motor vehicles. Though a small fix, this bill ensures that motorized and non-motorized campers and travel trailers are treated the same under the U.S. tax code.

Currently, under the Tax Cuts and Jobs Act, floorplan interest on travel trailers/towable units are subject to a 30 percent limitation on interest expenses, based on earnings before interest and taxes, for dealers with more than $29 million in annual sales. The RV Industry Association and RV Dealers Association are working together to advocate for this legislation to ensure that all segments of the RV industry are treated fairly by allowing floorplan financing interest charges on towable RVs to be a deductible expense.

A New Grassroots Tool

In March, the RV Industry Association and RV Dealers Association partnered to activate a new grassroots advocacy tool that enables RV dealers to quickly send letters to their members of Congress, asking them to co-sponsor the bill. Dealers receive an email, with a link to the tool, where they can easily input their information to match with their members of Congress. It’s vital for members of the House and Senate to hear from dealer constituents who support this legislation.

As of mid-April 2025, over 75 dealers spanning 25 states have engaged with the grassroots tool.

The RV Industry Association and RV Dealers Association look forward to continuing their partnership on this important legislative effort to ensure all segments of the industry are treated fairly.

Contact Your Representative!

Contact Your Senator!

Please contact the RV Industry Association’s Legislative Associate Gianna Dinnini at gdinnini@rvia.org for more information.