4th Quarter - Report

RECREATION VEHICLE DEALERS ASSOCIATION OF NORTH AMERICA for RECREATION VEHICLE DEALERS ASSOCIATION OF NORTH AMERICA

A later version of this report replaces this one, so LegiList's totals use the current version instead. This page shows this version exactly as filed.

Firm
Client
Income
—
Expenses
—

No amount is shown when the filer reports less than $5,000 for the period, which the form does not ask them to state.

Versions of this report

Every filing the register holds for this firm, client and period, oldest first. The most recent one is the version LegiList counts.

Filing Filed Amount Counted
4th Quarter - Report (this page) Jan 14, 2025 — Replaced
4th Quarter - Amendment Jan 14, 2025 — Yes

What was lobbied

4 issue areas, each in the filer's own words, with who lobbied on it and where.

Taxation/Internal Revenue Code TAX

RVDA supports H.R. 3624 & S. 3345- the Travel Trailer and Camper Tax Parity Act. Current disparity: Under the current law, the tax exemption for interest paid on dealer inventory applies only to RV motorhomes, leaving RV travel trailers at a disadvantage. While motorhome interest remains fully deductible, travel trailers are now limited to a 30 percent deduction for dealers with $25 million in annual sales. This exclusion affects approximately 85% of RVs sold, which are non-motorized travel trailers, creating an unfair and complicated accounting situation for RV dealers. Impact on dealers: According the U.S. Census Bureau, an estimated 550 U.S. RV dealers with more than 25,000 employees are impacted by this disparity. In 2023, its estimated that these dealers will pay an additional $100 million in taxes due to the inventory interest deduction limitation. This puts these dealers at a competitive disadvantage compared to other recreation equipment dealers, such as powersports and marine dealers, who can fully deduct interest on their inventory floor plans. Impact on consumers: Retail RV prices have increased by 15% to 30% or more depending on the type of unit since 2020. While not all the increase can be attributed to higher taxes paid by impacted dealers, a higher, disparate tax burden on these businesses contributes to the inflation and the increase in RV prices as indicated in the Feds RV Dealer Producer Price Index. Bipartisan support: There is bipartisan support in both the House and Senate for legislation to address this issue. Representatives Rudy Yakym and Dina Titus, Co-Chairs of the House RV Caucus, have introduced H.R. 3624 to ensure that towable RVs are included in the floor plan interest financing deductibility provisions. Last Congress, Senator Joni Ernst and Senator Angus King introduced a companion measure, and we expect reintroduction of the legislation in the Senate in the coming weeks. Equity in financing: RV trailers are considered motor vehicles under state and federal motor vehicle laws. They are designed to provide temporary living quarters for short-term camping and comply with applicable Federal Motor Vehicle Safety Standards for motor vehicle regulations. Therefore, it is essential to create equity in the financing of RV inventory by including RV trailers in the deductibility provisions. Initial Intent of legislation: Both House and Senate tax legislation in 2017 intended to include RV trailers as motor vehicles in the floor plan interest exclusion. The consolidation of language aimed to simplify the provision but unintentionally excluded RV trailers due to confusion about the different types of RVs. Reinstating the original intent will rectify this unintended consequence. Requested Action: Support the Travel Trailer and Camper Tax Parity Act (HR 3624), legislation that ensures towable RVs are included in the floor plan interest financing deductibility provisions under IRS Code 163(j). By correcting this discrepancy, we can promote fairness, strengthen the competitiveness of RV trailer dealers, and support the growth of the RV industry.

LobbyistCovered position, as disclosed
PHIL INGRASSIA —
WILLIAM BRETT RICHARDSON —

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 3624 (118th), S. 3345 (118th)

Natural Resources NAT

President Biden signed the bipartisan EXPLORE Act into law on January 4, 2025, marking a historic milestone as the first-ever legislative package focused on outdoor recreation. The Act supports local and national economies, enhances access to outdoor spaces-especially for underserved communities-and modernizes policies to strengthen recreation businesses, all without taxpayer cost. Key Highlights: Economic Impact: Builds on the $1.2 trillion outdoor recreation economy, advancing the progress of the Great American Outdoors Act of 2020. Access and Equity: Improves infrastructure and expands outdoor opportunities, prioritizing accessibility for underserved communities. Industry Growth: Bolsters recreation-focused businesses that connect people to nature, fostering sustainable innovation. Why It Matters: The EXPLORE Act strengthens the outdoor recreation economy while ensuring equitable and sustainable access to nature for all Americans. This legislation sets the stage for continued growth in the industry and reflects the success of collaborative advocacy efforts. Advocacy Efforts: The RV Dealers Association (RVDA) played a critical role in promoting and shaping the Act, working with Congress and industry partners to secure this transformative policy change.

LobbyistCovered position, as disclosed
PHIL INGRASSIA —
WILLIAM BRETT RICHARDSON —

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Accounting ACC

RVDA supports H.R. 3624 - the Travel Trailer and Camper Tax Parity Act. U.S. Senators Joni Ernst (R-IA) and Angus King (I-ME) have introduced a companion bill, S.3345 Current disparity: Under the current law, the tax exemption for interest paid on dealer inventory applies only to RV motorhomes, leaving RV travel trailers at a disadvantage. While motorhome interest remains fully deductible, travel trailers are now limited to a 30 percent deduction for dealers with $25 million in annual sales. This exclusion affects approximately 85% of RVs sold, which are non-motorized travel trailers, creating an unfair and complicated accounting situation for RV dealers. Impact on dealers: According the U.S. Census Bureau, an estimated 550 U.S. RV dealers with more than 25,000 employees are impacted by this disparity. In 2023, its estimated that these dealers will pay an additional $100 million in taxes due to the inventory interest deduction limitation. This puts these dealers at a competitive disadvantage compared to other recreation equipment dealers, such as powersports and marine dealers, who can fully deduct interest on their inventory floor plans. Impact on consumers: Retail RV prices have increased by 15% to 30% or more depending on the type of unit since 2020. While not all the increase can be attributed to higher taxes paid by impacted dealers, a higher, disparate tax burden on these businesses contributes to the inflation and the increase in RV prices as indicated in the Feds RV Dealer Producer Price Index. Bipartisan support: There is bipartisan support in both the House and Senate for legislation to address this issue. Representatives Rudy Yakym and Dina Titus, Co-Chairs of the House RV Caucus, have introduced H.R. 3624 to ensure that towable RVs are included in the floor plan interest financing deductibility provisions. Last Congress, Senator Joni Ernst and Senator Angus King introduced a companion measure, and we expect reintroduction of the legislation in the Senate in the coming weeks. Equity in financing: RV trailers are considered motor vehicles under state and federal motor vehicle laws. They are designed to provide temporary living quarters for short-term camping and comply with applicable Federal Motor Vehicle Safety Standards for motor vehicle regulations. Therefore, it is essential to create equity in the financing of RV inventory by including RV trailers in the deductibility provisions. Initial Intent of legislation: Both House and Senate tax legislation in 2017 intended to include RV trailers as motor vehicles in the floor plan interest exclusion. The consolidation of language aimed to simplify the provision but unintentionally excluded RV trailers due to confusion about the different types of RVs. Reinstating the original intent will rectify this unintended consequence. Requested Action: Support the Travel Trailer and Camper Tax Parity Act (HR 3624), legislation that ensures towable RVs are included in the floor plan interest financing deductibility provisions under IRS Code 163(j). By correcting this discrepancy, we can promote fairness, strengthen the competitiveness of RV trailer dealers, and support the growth of the RV industry.

LobbyistCovered position, as disclosed
PHIL INGRASSIA —
WILLIAM BRETT RICHARDSON —

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 3624 (118th), S. 3345 (118th)

Automotive Industry AUT

(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.

LobbyistCovered position, as disclosed
WILLIAM BRETT RICHARDSON —

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: S. 154 (118th), H.R. 621 (118th)

Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.