RVDA Legislative Alert: Ask Congress to Restore Floor Plan Deductibility for RVs


It is critical that the RV industry act immediately and tell Congress to restore the floor plan interest deductibility for certain RV dealers in this week's Continuing Resolution (CR). This impacts RV trailer dealers with more than $25 million in annual sales.

For more information and to contact your member of Congress, click here.

Last year's tax reform bill provided much needed relief for small businesses; however, a last-minute definition change in one section of the bill unintentionally effectively removed travel trailers from the definition of "motor vehicle" for the purposes of floor plan financing interest deductibility. Made during the House-Senate conference, this change inadvertently disadvantaged the RV travel trailer industry, by limiting the interest deductibility of the RV trailer dealer's floor-plan costs.

Legislation to correct this unintended oversight, the Travel Trailer and Camper Technical Corrections Act, has been included in Chairman Brady's year-end tax bill, H.R. 88, as Section 504. Please contact your Members of Congress today and ask them to offer an amendment to add this important provision to the Continuing Resolution and bring critically needed clarity to this issue for RV dealers.

For more information and to contact your member of Congress, click here.