HR 332 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill changes tax rules for businesses that sell campers and trailers. Currently, businesses can fully deduct interest they pay on loans used to buy inventory of motorized vehicles, but this full deduction doesn't apply to non-motorized campers and trailers. The bill would let businesses also fully deduct interest on loans used to buy inventory of towable campers and trailers that are designed for temporary living during recreational or camping use.
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