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Travel Trailer and Camper Tax Parity Act
12/31/2022, 5:26 AM
Congressional Summary of S 2176
Travel Trailer and Camper Tax Parity Act
This bill modifies the tax deduction for floor plan financing interest to include in the term motor vehicles eligible for such financing any trailer or camper that is designed to provide temporary living quarters for recreational, camping, or seasonal use and is designed to be towed by, or affixed to, a motor vehicle.
Read the Full Bill
Current Status of Bill S 2176
Bill S 2176 is currently in the status of Bill Introduced since June 22, 2021. Bill S 2176 was introduced during Congress 117 and was introduced to the Senate on June 22, 2021. Bill S 2176's most recent activity was Read twice and referred to the Committee on Finance. as of June 22, 2021
Bipartisan Support of Bill S 2176
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
1Policy Area and Potential Impact of Bill S 2176
Primary Policy Focus
TaxationPotential Impact Areas
- Business investment and capital
- Income tax deductions
- Interest, dividends, interest rates
- Motor vehicles
- Outdoor recreation
Alternate Title(s) of Bill S 2176
A bill to amend the Internal Revenue Code of 1986 to provide that floor plan financing includes the financing of certain trailers and campers.
Travel Trailer and Camper Tax Parity Act
Travel Trailer and Camper Tax Parity Act
Comments
Sponsors and Cosponsors of S 2176
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