Used park-model trailers

From the 2024 DOR Tax Exemption Study

82.08.032; 82.12.032 - Used park-model trailers Description The sale, rental, or lease, for more than 30 days of a used park model trailer is exempt from sales and use taxes. Purpose To provide consistent tax treatment for used park model trailers and residential real estate. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.340 $0.373 $0.411 $0.451 Local Taxes $0.153 $0.168 $0.185 $0.203 Repeal of Repealing this exemption would increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $0.342 $0.411 $0.451 Local Taxes $0.000 $0.154 $0.185 $0.203 Assumptions - This repeal takes effect July 1, 2024, and impacts 11 months of collections in fiscal year 2025. - Annual growth rate of approximately 1% based on the average historical growth for recreational vehicle (RV) shipments in the US. - Used park-model trailers are travel trailers previously sold at retail with a single axle that have lost their identity as a mobile unit. - Used park-model trailers make up 1% of used travel trailer sales in Washington. - Long-term rental activity for used park model trailers is near zero. -