Travel Trailer and Camper Tax Parity Act
Official title: A bill to amend the Internal Revenue Code of 1986 to provide that floor plan financing includes the financing of certain trailers and campers.
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Read twice and referred to the Committee on Finance.
Travel Trailer and Camper Tax Parity Act
This bill expands the exclusion of interest on floor plan financing from the limit on the tax deduction for business interest expenses to include interest on floor plan financing of certain non-motorized, towable campers and trailers.
Under current law, the tax deduction for business interest expenses is generally limited to 30% of adjusted taxable income. (Some exceptions apply.) However, under current law, interest on floor plan financing (financing used to acquire inventory for sale or lease) of motorized vehicles (e.g., self-propelled vehicles designed to transport people) is excluded from the limit on the tax deduction for business interest expenses.
Under the bill, the exclusion of interest on floor plan financing from the limit on the tax deduction for business interest expenses is expanded to include interest on floor plan financing of any camper or trailer designed to (1) provide temporary living quarters for recreational, camping, or seasonal use; and (2) be towed by, or affixed to, a motor vehicle.
- Introduced in Senate Formatted Text PDF Formatted XML
- ALSTON & BIRD LLP
- ALSTON & BIRD LLP
- ALSTON & BIRD LLP
- ALSTON & BIRD LLP
- STUDENTS FOR LIFE ACTION
- ALSTON & BIRD LLP
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Health & Human Services, Dept of (HHS)
- Centers For Medicare and Medicaid Services (CMS)
- Federal Aviation Administration (FAA)
- Administration for Children & Families (ACF)
- Agriculture, Dept of (USDA)
- Centers For Disease Control & Prevention (CDC)
Cite this page
U.S. Congress. (2026). S. 1314: Travel Trailer and Camper Tax Parity Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-1314/
"S. 1314: Travel Trailer and Camper Tax Parity Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-1314/.
S. 1314, 119th Cong. (2026), https://openamerica.io/bill/119-S-1314/.
[S. 1314: Travel Trailer and Camper Tax Parity Act](https://openamerica.io/bill/119-S-1314/)