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S 1314
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Travel Trailer and Camper Tax Parity Act

To amend the Internal Revenue Code of 1986 to provide that floor plan financing includes the financing of certain trailers and campers.

Introduced Apr 7, 2025

Latest action (Apr 7, 2025) Read twice and referred to the Committee on Finance.

Policy area
Issues
Economy & Taxes

Summary

This bill amends the tax code to include travel trailers and campers in the definition of "floor plan financing" for purposes of the Internal Revenue Code. The bill applies to trailers and campers designed to provide temporary living quarters for recreational, camping, or seasonal use and designed to be towed by or affixed to a motor vehicle. The change is effective for taxable years beginning after December 31, 2024.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Money behind the sponsor

Top reported contributors to Joni Ernst’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • NULL $57,653
  • CAPITAL GROUP $40,000
  • SOROBAN CAPITAL $13,200
  • CAPITAL GROUP COMPANIES $7,500
  • GOOGLE $6,800

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Joni Ernst → · Outside spending →

Actions (2)

  1. Apr 7, 2025 Read twice and referred to the Committee on Finance. · senate
  2. Apr 7, 2025 Introduced in Senate

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Full text

IN THE SENATE OF THE UNITED STATES

April 7, 2025

Ms. Ernst (for herself, Mr. King, and Mr. Young) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to provide that floor plan financing includes the financing of certain trailers and campers.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Travel Trailer and Camper Tax Parity Act”.

SEC. 2. FLOOR PLAN FINANCING APPLICABLE TO CERTAIN TRAILERS AND CAMPERS.

(a) In General.—Section 163(j)(9)(C) of the Internal Revenue Code of 1986 is amended by adding at the end the following new flush sentence: “Such term shall also include any trailer or camper which 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.”.

(b) Effective Date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2024. <all>

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