RVIA Economic Impact Study

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 .

Indiana Governor Signs RV Tax Bill Into Law

Tue Apr 18, 2017

ELKHART, Indiana — Indiana Gov. Eric Holcomb, with one stroke of his pen, may have opened a path for Elkhart County to become once again a major player in the sale of recreational vehicles, according to local officials.

Holcomb signed S.B. 172 into law on Thursday, which will save out-of-state RV buyers from nine states thousands of dollars when it comes time to pay sales tax, according to a story by The Elkhart Truth. Before this law, 41 states had reciprocal agreements with Indiana that exempt out-of-state RV buyers from having to pay the 7 percent Indiana sales tax, with Indiana residents receiving a similar exemption for purchases in those states.

If you lived in the other nine states — Michigan, Florida, California, Arizona, Hawaii, Massachusetts, Mississippi, North Carolina and South Carolina — there was the potential you 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 be required to pay sales tax in their home state as well.

Additional Information: http://www.elkharttruth.com/hometown/elkhart/rv-sales-tax-bill-signed-by-gov-eric-holcomb-could/article_c5064909-cdc3-5786-b4d0-aa3dd1c9d523.html