Improving Mental Health Access for Students Act

House Bill

H.R. 3624

119th Congress

Improving Mental Health Access for Students Act

In Committee

Introduced:Sep 26, 2025

Primary Sponsor

Rudy Yakym

Representative

Republican

IN-2

Cosponsors

18

Quick Stats

Policy Area

Taxation

Summary

This bill would allow recreational trailers and campers to qualify for the same tax deduction for floor plan financing interest as other motor vehicles. This means people who buy these types of recreational vehicles could get a tax break on the interest they pay when financing the purchase.

Latest Action

Referred to the House Committee on Ways and Means.

SponsorRudy Yakym (R-IN)

Introduced9/26/2025

StatusReferred to the House Committee on Education and Workforce.

ChamberHouse

Data from Congress.gov

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Vote Prediction

Improving Mental Health Access for Students Act

This bill would allow recreational trailers and campers to qualify for the same tax deduction for floor plan financing interest as other motor vehicles. This means people who buy these types of recreational vehicles could get a tax break on the interest they p

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill would allow recreational trailers and campers to qualify for the same tax deduction for floor plan financing interest as other motor vehicles. This means people who buy these types of recreational vehicles could get a tax break on the interest they pay when financing the purchase.

Bill Number: 3624
Sponsor: Rudy Yakym (R-IN)
Introduced: 9/26/2025
Status: Referred to the House Committee on Education and Workforce.
Policy Area: Taxation

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Improving Mental Health Access for Students Act
Bill Number: 3624
Sponsor: Rudy Yakym (R-IN)
Status: Referred to the House Committee on Education and Workforce.
Introduced: 9/26/2025
Summary: This bill would allow recreational trailers and campers to qualify for the same tax deduction for floor plan financing interest as other motor vehicles. This means people who buy these types of recreational vehicles could get a tax break on the interest they pay when financing the purchase.

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill would allow recreational trailers and campers to qualify for the same tax deduction for floor plan financing interest as other motor vehicles. This means people who buy these types of recreational vehicles could get a tax break on the interest they pay when financing the purchase.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

Travel Trailer and Camper Tax Parity Act This bill modifies the tax deduction for floor plan financing interest to include in the term motor vehicles eligible for such financing any trailer or camper that 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.

Key Points

Main provisions of the bill

Expands the definition of 'motor vehicles' eligible for a tax deduction on floor plan financing interest to include recreational trailers and campers
Provides a tax break for people who finance the purchase of RVs, trailers, and campers
Aims to make it more affordable for individuals and families to buy these types of recreational vehicles

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would benefit people who buy and finance the purchase of recreational trailers, campers, and RVs. This could make it more affordable for individuals, families, and small businesses to invest in these types of vehicles for travel, camping, and other recreational uses. The tax deduction could save buyers hundreds or even thousands of dollars in interest payments over the life of the loan.

Policy Areas

Primary Policy Area

Taxation

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

3624, 119th Congress (2025). "Improving Mental Health Access for Students Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-3624