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Bill to Fix Tax Issue For Trailer and Camper Dealers

Thursday, October 18, 2018 11:16 AM EDT Updated: Thursday, October 18, 2018 01:37 PM EDT
By Alex Brown
Bill to Fix Tax Issue For Trailer and Camper Dealers Donnelly met with Launch Fishers members as part of his visit.

Senator Joe Donnelly (D-IN) 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. 

"Indiana’s RV industry is essential to our state’s economic success with its more than 20,000 Hoosier workers," Donnelly said in a news release. "This bill is a common sense fix that ensures both motorhomes and towable RVs are treated the same under the U.S. tax code."

Donnelly’s bill has been referred to the Senate Finance Committee. 

Story Continues Below

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