WASHINGTON, D.C. — Senator Joe Donnelly has introduced a bill designed to fix what he calls a mistake in the 2017 McConnell-Ryan tax bill that has led to an adverse effect on RV trailer and camper dealers. Donnelly says the tax bill “significantly reduced” a tax deduction for dealers, which has led to higher inventory financing costs.
Donnelly, who is the co-chair of the Senate Recreational Vehicle Caucus, says the writers of the tax bill deleted the words “recreational vehicle” and replaced it with the term “self-propelled vehicle,” which was supposed to serve as a catch-all. Since travel trailers and campers are not self-propelled, dealers have been unable to fully utilize the tax deduction for non-motorized RVs.
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