The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Mon Mar 13, 2017
ELKHART, Indiana — Legislators representing Elkhart County took the time to expound on everything keeping them busy down at the statehouse on Friday afternoon.
After eight years, the recreational vehicle industry may finally see a change to a sales tax law that virtually punishes people from nine states who want to purchase an RV in Indiana. Currently, 41 states have reciprocal agreements with Indiana that exempt out-of-state RV buyers from having to pay the seven percent Indiana sales tax, with Indiana residents receiving a similar exemption for purchases in those states, according to a story by The Elkhart Truth.
But for residents in the other nine states — Michigan, Florida, California, Arizona, Hawaii, Massachusetts, Mississippi, North Carolina and South Carolina — there is the potential they could be double taxed. That means customers from one of those states could pay Indiana’s 7 percent sales tax at the time of purchase and then have to pay the sales tax in their home state, as well.
Senate Bill 172, which eliminates that extra tax burden by exempting out-of-state RV purchasers from having to pay Indiana sales tax even if their home states don't have a reciprocal agreement, has passed through the Senate and is now in the House. Doriot, who originally authored the bill, is working with Miller on the House side to make sure the bill gets to the governor's desk.