---
title: "Congress Considers Tax Deduction for RV Loan Interest"
url: "https://camperfaqs.com/congress-considers-tax-deduction-for-rv-loan-interest"
author: "Tory Jon"
published: "2026-05-09T08:25:50-05:00"
modified: "2026-05-09T08:25:54-05:00"
---

# Congress Considers Tax Deduction for RV Loan Interest

A new bill in Congress would make interest paid on RV loans tax-deductible.

Rep. Rudy Yakym, R-Ind., and Rep. Dina Titus, D-Nev., [introduced H.R. 8672](https://yakym.house.gov/posts/yakym-no-tax-on-rv-loans) on May 7, 2026. Yakym’s office says the bill would extend the “no tax on auto loans” provision to trailers, campers, and RVs.

The proposal applies to RV loan interest on indebtedness incurred after December 31, 2025. According to Yakym’s office, the bill covers a broad range of recreational vehicles, including trailers, campers, and motor vehicles designed for recreational or seasonal living quarters.

## What the Proposal Would Do

The proposal would allow qualifying RV loan interest to be deducted for federal tax purposes. A deduction generally lowers taxable income. The actual savings would depend on the amount of interest paid, the buyer’s tax bracket, and the final rules if the bill becomes law.

Yakym described the proposal during a Fox Business interview as a way to “make interest on RV loans tax deductible.” That is the clearest way to describe the bill.

[Watch this video on YouTube](https://www.youtube.com/watch?v=rny-O_ssvyU)

## Why RV Loans Are Part of the Discussion

Yakym represents Indiana’s 2nd Congressional District, which includes Elkhart County. His office says Elkhart County manufactures roughly 80% of all recreational vehicles sold in the United States.

Yakym said RVs are a major investment for many American families and retirees. Titus said the legislation would help make RV travel more affordable and support outdoor recreation.

The RV Industry Association also supports the bill. Craig Kirby, the group’s president and CEO, said the legislation would include all RVs in the vehicle loan interest provision and help keep RVing affordable for consumers.

## How Much Could an RV Buyer Save?

The financial impact would vary by buyer.

A borrower’s savings would depend on the size of the loan, the interest rate, the amount of interest paid during the year, and the borrower’s federal tax bracket. The final version of the bill could also include limits or eligibility rules that affect who qualifies.

One example from [RVTravel](https://www.rvtravel.com/congress-make-rv-loan-interest-tax-deductiblebut-rvers-save/) shows how the math could work. An $80,000 RV loan financed over 15 years at 8% interest would generate about $6,328 in interest during the first year. If that full amount were deductible, a borrower in the 22% federal tax bracket could reduce their federal tax bill by about $1,392.

That amount would not be a refund of the interest paid. It would be the value of the tax deduction, assuming the borrower qualified and the full interest amount was deductible.

The benefit would generally be larger in the early years of a loan, when more of each payment goes toward interest. It would decline over time as the loan balance falls.

Buyers who pay cash would not receive a benefit from a loan interest deduction. Smaller loans, lower interest rates, lower tax brackets, or deduction limits would also reduce the potential savings.

## The Bill Has Not Become Law

H.R. 8672 has been introduced, but it has not been enacted.

That means RV buyers should not assume the deduction will be available. Congress would still need to pass the bill, and the final version could include limits, eligibility rules, or other changes.

For now, the accurate takeaway is this: Congress is considering a bill that would make qualifying RV loan interest tax-deductible, but the savings would depend on the buyer’s loan, tax bracket, and the final version of the law.