RECREATION VEHICLE DEALERS ASSOCIATION OF NORTH AMERICA

Travel Trailer & Camper Tax Parity Act (Section 70303(b) of the One Big Beautiful Bill Act - H.R. 1, Public Law 119-21) Signed into law on July 4, 2025, the One Big Beautiful Bill Act includes a key RVDA legislative priority-the Travel Trailer & Camper Tax Parity Act. Section 70303(b) amends IRC 163(j)(9)(C) to extend the full floor-plan interest deduction to towable travel trailers and campers, aligning them with motorized RVs. The change corrects a long-standing inequity in the tax code that limited deductibility for most RV inventory, since towables represent nearly 85% of all RVs sold. Beginning with tax years after December 31, 2024, interest on floor-plan financing for qualifying towables will be fully deductible and excluded from the 30% business interest limitation. This RVDA-supported reform improves dealer liquidity, strengthens cash flow during periods of high interest rates, and represents a major federal win following years of industry advocacy.

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Matched citations: H.R. 1

H.R.1 - One Big Beautiful Bill Act - this legislaton contained the Travel Trailer and Camper Tax Parity Act language to correct the oversight in the 2017 Tax Cuts and Jobs Act that excluded RV Travel Trailers from full floorplan interest expense deductions. Travel Trailer and Camper Tax Parity Act In the 118th Congress, Representatives Rudy Yakym (R-IN) and Dina Titus (D-NV) introduced the Travel Trailer and Camper Tax Parity Act (H.R. 332), a bipartisan bill aimed at correcting a longstanding discrepancy in the treatment of floor plan interest deductions for RV dealers. Under current federal tax law, motorhomes qualify for the full deduction of floor plan interest as motor vehicles, while towable RVs (such as travel trailers and campers) do not-limiting the deduction for dealers with more than $29 million in annual gross receipts. H.R. 332 would amend the Internal Revenue Code to explicitly include towable recreational vehicles in the definition of motor vehicle for purposes of the floor plan financing interest deduction. This change would provide tax parity between motorized and towable RV inventory, easing the financial burden on RV dealers and helping level the playing field across the industry. The bill has been referred to the House Committee on Ways and Means and is supported by RVDA as a targeted, industry-specific correction to a technical oversight from the 2017 Tax Cuts and Jobs Act.

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Matched citations: H.R.1

H.R.1 - One Big Beautiful Bill Act - this legislaton contained the Travel Trailer and Camper Tax Parity Act language to correct the oversight in the 2017 Tax Cuts and Jobs Act that excluded RV Travel Trailers from full floorplan interest expense deductions. Travel Trailer and Camper Tax Parity Act In the 118th Congress, Representatives Rudy Yakym (R-IN) and Dina Titus (D-NV) introduced the Travel Trailer and Camper Tax Parity Act (H.R. 332), a bipartisan bill aimed at correcting a longstanding discrepancy in the treatment of floor plan interest deductions for RV dealers. Under current federal tax law, motorhomes qualify for the full deduction of floor plan interest as motor vehicles, while towable RVs (such as travel trailers and campers) do not-limiting the deduction for dealers with more than $29 million in annual gross receipts. H.R. 332 would amend the Internal Revenue Code to explicitly include towable recreational vehicles in the definition of motor vehicle for purposes of the floor plan financing interest deduction. This change would provide tax parity between motorized and towable RV inventory, easing the financial burden on RV dealers and helping level the playing field across the industry. The bill has been referred to the House Committee on Ways and Means and is supported by RVDA as a targeted, industry-specific correction to a technical oversight from the 2017 Tax Cuts and Jobs Act.

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Matched citations: H.R. 332

The PART Act (H.R. 621 / S. 154) is bipartisan legislation introduced in the 118th Congress to address the nationwide surge in catalytic converter thefts. The bill proposes a federal framework to deter theft, improve traceability, and support law enforcement. Key provisions include: Requiring vehicle manufacturers to stamp VINs on catalytic converters at the point of manufacture; Establishing a grant program to support entities in marking catalytic converters already in circulation; Requiring recordkeeping and documentation for purchasers of catalytic converters; Creating federal criminal penalties for theft, trafficking, or sale of stolen catalytic converters, with penalties of up to five years in prison. The House version was referred to the Committees on Energy and Commerce, Judiciary, and Transportation and Infrastructure. The Senate version was referred to the Committee on Commerce, Science, and Transportation. As of April 2025, neither bill has advanced beyond committee. The legislation has broad industry support, including from the National Automobile Dealers Association (NADA), and is intended to provide a consistent, interstate approach to combat catalytic converter theft across the country.

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Matched citations: H.R. 621

EXPLORE Act (Expanding Public Lands Outdoor Recreation Experiences Act) - Legislative Summary The EXPLORE Act (H.R. 6492) is a bipartisan, comprehensive outdoor recreation package designed to improve access to and infrastructure on public lands and waters. The legislation includes provisions to modernize campground facilities, streamline recreational permitting processes, expand digital tools for visitors, support underserved and veteran communities, and invest in sustainable recreation-based economic development in gateway communities. The EXPLORE Act was introduced in the House by Representatives Bruce Westerman (R-AR) and Raul Grijalva (D-AZ). It passed the House with unanimous support in April 2024 and was approved by the Senate in December 2024. The bill was signed into law by President Biden on January 4, 2025, becoming Public Law No: 118-234. This law represents a major legislative achievement for the outdoor recreation sector, enhancing public access, economic opportunity, and infrastructure resilience across the nations federal land systems.

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Matched citations: H.R. 6492

H.R.1 - One Big Beautiful Bill Act - this legislaton contained the Travel Trailer and Camper Tax Parity Act language to correct the oversight in the 2017 Tax Cuts and Jobs Act that excluded RV Travel Trailers from full floorplan interest expense deductions. Travel Trailer and Camper Tax Parity Act In the 118th Congress, Representatives Rudy Yakym (R-IN) and Dina Titus (D-NV) introduced the Travel Trailer and Camper Tax Parity Act (H.R. 332), a bipartisan bill aimed at correcting a longstanding discrepancy in the treatment of floor plan interest deductions for RV dealers. Under current federal tax law, motorhomes qualify for the full deduction of floor plan interest as motor vehicles, while towable RVs (such as travel trailers and campers) do not-limiting the deduction for dealers with more than $29 million in annual gross receipts. H.R. 332 would amend the Internal Revenue Code to explicitly include towable recreational vehicles in the definition of motor vehicle for purposes of the floor plan financing interest deduction. This change would provide tax parity between motorized and towable RV inventory, easing the financial burden on RV dealers and helping level the playing field across the industry. The bill has been referred to the House Committee on Ways and Means and is supported by RVDA as a targeted, industry-specific correction to a technical oversight from the 2017 Tax Cuts and Jobs Act.

Client expense: — · Firm income: —

Matched citations: H.R. 332

The PART Act (H.R. 621 / S. 154) is bipartisan legislation introduced in the 118th Congress to address the nationwide surge in catalytic converter thefts. The bill proposes a federal framework to deter theft, improve traceability, and support law enforcement. Key provisions include: Requiring vehicle manufacturers to stamp VINs on catalytic converters at the point of manufacture; Establishing a grant program to support entities in marking catalytic converters already in circulation; Requiring recordkeeping and documentation for purchasers of catalytic converters; Creating federal criminal penalties for theft, trafficking, or sale of stolen catalytic converters, with penalties of up to five years in prison. The House version was referred to the Committees on Energy and Commerce, Judiciary, and Transportation and Infrastructure. The Senate version was referred to the Committee on Commerce, Science, and Transportation. As of April 2025, neither bill has advanced beyond committee. The legislation has broad industry support, including from the National Automobile Dealers Association (NADA), and is intended to provide a consistent, interstate approach to combat catalytic converter theft across the country.

Client expense: — · Firm income: —

Matched citations: S. 154

Travel Trailer and Camper Tax Parity Act In the 118th Congress, Representatives Rudy Yakym (R-IN) and Dina Titus (D-NV) introduced the Travel Trailer and Camper Tax Parity Act (H.R. 332), a bipartisan bill aimed at correcting a longstanding discrepancy in the treatment of floor plan interest deductions for RV dealers. Under current federal tax law, motorhomes qualify for the full deduction of floor plan interest as motor vehicles, while towable RVs (such as travel trailers and campers) do not-limiting the deduction for dealers with more than $29 million in annual gross receipts. H.R. 332 would amend the Internal Revenue Code to explicitly include towable recreational vehicles in the definition of motor vehicle for purposes of the floor plan financing interest deduction. This change would provide tax parity between motorized and towable RV inventory, easing the financial burden on RV dealers and helping level the playing field across the industry. The bill has been referred to the House Committee on Ways and Means and is supported by RVDA as a targeted, industry-specific correction to a technical oversight from the 2017 Tax Cuts and Jobs Act.

Client expense: — · Firm income: —

Matched citations: H.R. 332

The PART Act (H.R. 621 / S. 154) is bipartisan legislation introduced in the 118th Congress to address the nationwide surge in catalytic converter thefts. The bill proposes a federal framework to deter theft, improve traceability, and support law enforcement. Key provisions include: Requiring vehicle manufacturers to stamp VINs on catalytic converters at the point of manufacture; Establishing a grant program to support entities in marking catalytic converters already in circulation; Requiring recordkeeping and documentation for purchasers of catalytic converters; Creating federal criminal penalties for theft, trafficking, or sale of stolen catalytic converters, with penalties of up to five years in prison. The House version was referred to the Committees on Energy and Commerce, Judiciary, and Transportation and Infrastructure. The Senate version was referred to the Committee on Commerce, Science, and Transportation. As of April 2025, neither bill has advanced beyond committee. The legislation has broad industry support, including from the National Automobile Dealers Association (NADA), and is intended to provide a consistent, interstate approach to combat catalytic converter theft across the country.

Client expense: — · Firm income: —

Matched citations: H.R. 621

EXPLORE Act (Expanding Public Lands Outdoor Recreation Experiences Act) - Legislative Summary The EXPLORE Act (H.R. 6492) is a bipartisan, comprehensive outdoor recreation package designed to improve access to and infrastructure on public lands and waters. The legislation includes provisions to modernize campground facilities, streamline recreational permitting processes, expand digital tools for visitors, support underserved and veteran communities, and invest in sustainable recreation-based economic development in gateway communities. The EXPLORE Act was introduced in the House by Representatives Bruce Westerman (R-AR) and Raul Grijalva (D-AZ). It passed the House with unanimous support in April 2024 and was approved by the Senate in December 2024. The bill was signed into law by President Biden on January 4, 2025, becoming Public Law No: 118-234. This law represents a major legislative achievement for the outdoor recreation sector, enhancing public access, economic opportunity, and infrastructure resilience across the nations federal land systems.

Client expense: — · Firm income: —

Matched citations: H.R. 6492

Travel Trailer and Camper Tax Parity Act In the 118th Congress, Representatives Rudy Yakym (R-IN) and Dina Titus (D-NV) introduced the Travel Trailer and Camper Tax Parity Act (H.R. 332), a bipartisan bill aimed at correcting a longstanding discrepancy in the treatment of floor plan interest deductions for RV dealers. Under current federal tax law, motorhomes qualify for the full deduction of floor plan interest as motor vehicles, while towable RVs (such as travel trailers and campers) do not-limiting the deduction for dealers with more than $29 million in annual gross receipts. H.R. 332 would amend the Internal Revenue Code to explicitly include towable recreational vehicles in the definition of motor vehicle for purposes of the floor plan financing interest deduction. This change would provide tax parity between motorized and towable RV inventory, easing the financial burden on RV dealers and helping level the playing field across the industry. The bill has been referred to the House Committee on Ways and Means and is supported by RVDA as a targeted, industry-specific correction to a technical oversight from the 2017 Tax Cuts and Jobs Act.

Client expense: — · Firm income: —

Matched citations: H.R. 332

The PART Act (H.R. 621 / S. 154) is bipartisan legislation introduced in the 118th Congress to address the nationwide surge in catalytic converter thefts. The bill proposes a federal framework to deter theft, improve traceability, and support law enforcement. Key provisions include: Requiring vehicle manufacturers to stamp VINs on catalytic converters at the point of manufacture; Establishing a grant program to support entities in marking catalytic converters already in circulation; Requiring recordkeeping and documentation for purchasers of catalytic converters; Creating federal criminal penalties for theft, trafficking, or sale of stolen catalytic converters, with penalties of up to five years in prison. The House version was referred to the Committees on Energy and Commerce, Judiciary, and Transportation and Infrastructure. The Senate version was referred to the Committee on Commerce, Science, and Transportation. As of April 2025, neither bill has advanced beyond committee. The legislation has broad industry support, including from the National Automobile Dealers Association (NADA), and is intended to provide a consistent, interstate approach to combat catalytic converter theft across the country.

Client expense: — · Firm income: —

Matched citations: S. 154

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: H.R. 621

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: S. 154

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: H.R. 621

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: S. 154

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: H.R. 621

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: S. 154

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: H.R. 621

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: S. 154

(H.R. 621/S. 154) Preventing Auto Recycling Theft, or PART, Act - aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles. It also would create a grant program to allow dealerships, repair shops and other eligible parties to stamp VINs onto converters of existing vehicles, and it would establish federal criminal penalties for theft, sale, trafficking or known purchases of stolen catalytic converters.

Client expense: — · Firm income: —

Matched citations: H.R. 621