117 HR 3552 IH: Travel Trailer and Camper Tax Parity Act U.S. House of Representatives 2021-05-25 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I117th CONGRESS1st SessionH. R. 3552IN THE HOUSE OF REPRESENTATIVESMay 25, 2021Mrs. Walorski (for herself and Ms. Titus) introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to provide that floor plan financing includes the financing of certain trailers and campers.

1.

Short title

This Act may be cited as the Travel Trailer and Camper Tax Parity Act.

2.

Floor plan financing applicable to certain trailers and campers

(a)

In general

Section 163(j)(9)(C) of the Internal Revenue Code of 1986 is amended by adding at the end the following new flush sentence:Such term shall also include any trailer or camper which is designed to provide temporary living quarters for recreational, camping, or seasonal use and is designed to be towed by, or affixed to, a motor vehicle..(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2020.