| 1 | 1 | | II |
|---|
| 2 | 2 | | 119THCONGRESS |
|---|
| 3 | 3 | | 1 |
|---|
| 4 | 4 | | STSESSION S. 1314 |
|---|
| 5 | 5 | | To amend the Internal Revenue Code of 1986 to provide that floor plan |
|---|
| 6 | 6 | | financing includes the financing of certain trailers and campers. |
|---|
| 7 | 7 | | IN THE SENATE OF THE UNITED STATES |
|---|
| 8 | 8 | | APRIL7, 2025 |
|---|
| 9 | 9 | | Ms. E |
|---|
| 10 | 10 | | RNST(for herself, Mr. KING, and Mr. YOUNG) introduced the following |
|---|
| 11 | 11 | | bill; which was read twice and referred to the Committee on Finance |
|---|
| 12 | 12 | | A BILL |
|---|
| 13 | 13 | | To amend the Internal Revenue Code of 1986 to provide |
|---|
| 14 | 14 | | that floor plan financing includes the financing of certain |
|---|
| 15 | 15 | | trailers and campers. |
|---|
| 16 | 16 | | Be it enacted by the Senate and House of Representa-1 |
|---|
| 17 | 17 | | tives of the United States of America in Congress assembled, 2 |
|---|
| 18 | 18 | | SECTION 1. SHORT TITLE. 3 |
|---|
| 19 | 19 | | This Act may be cited as the ‘‘Travel Trailer and 4 |
|---|
| 20 | 20 | | Camper Tax Parity Act’’. 5 |
|---|
| 21 | 21 | | SEC. 2. FLOOR PLAN FINANCING APPLICABLE TO CERTAIN 6 |
|---|
| 22 | 22 | | TRAILERS AND CAMPERS. 7 |
|---|
| 23 | 23 | | (a) I |
|---|
| 24 | 24 | | NGENERAL.—Section 163(j)(9)(C) of the Inter-8 |
|---|
| 25 | 25 | | nal Revenue Code of 1986 is amended by adding at the 9 |
|---|
| 26 | 26 | | end the following new flush sentence: 10 |
|---|
| 27 | 27 | | VerDate Sep 11 2014 00:17 Apr 15, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S1314.IS S1314 |
|---|
| 28 | 28 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
|---|
| 29 | 29 | | •S 1314 IS |
|---|
| 30 | 30 | | ‘‘Such term shall also include any trailer or camper which 1 |
|---|
| 31 | 31 | | is designed to provide temporary living quarters for rec-2 |
|---|
| 32 | 32 | | reational, camping, or seasonal use and is designed to be 3 |
|---|
| 33 | 33 | | towed by, or affixed to, a motor vehicle.’’. 4 |
|---|
| 34 | 34 | | (b) E |
|---|
| 35 | 35 | | FFECTIVEDATE.—The amendment made by 5 |
|---|
| 36 | 36 | | this section shall apply to taxable years beginning after 6 |
|---|
| 37 | 37 | | December 31, 2024. 7 |
|---|
| 38 | 38 | | Æ |
|---|
| 39 | 39 | | VerDate Sep 11 2014 00:17 Apr 15, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S1314.IS S1314 |
|---|
| 40 | 40 | | ssavage on LAPJG3WLY3PROD with BILLS |
|---|