Bill to fix tax issues for trailer, camper dealers

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.

Read the full story from Inside Indiana Business.

Rebecca Smith

Rebecca Smith

Rebecca Smith is a Wisconsin native currently living in Illinois with her husband, Eric, and two dogs, Maggie and Grace. She enjoys hiking, biking, kayaking and, of course, camping in cabins and park models.

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  • Phred Stoner says:

    Don’t hold your breath waiting for this (and other errors in the original tax) waiting for this to be passed.
    The reason is rather simple, the GOP passed the original bill using a slight-of-the-hand procedure that allowed them to pass the bill with only GOP support.
    The fixes can’t be passed with the same procedure.
    The “D”s figure that since the “R”s wouldn’t take any input from them, nor take the time to ensure there were no errors or typos, it’s the “R”s problem to fix

  • Bob Champlin says:

    The introduction of this bill certainly will be of help to the RV trailer and camper dealers but should also be extended to provide tax deductions to RV trailer owners so that the interest that we are paying can be deducted. More and more are selling brick and mortar homes and buying RV’s as their primary homes. We should be extended the same types of deductions that those with brick and mortar homes are afforded.

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