| June 17, 2025 – Washington, DC |
| Monday, the Motorcycle Riders Foundation (MRF) sent letters to leaders in the U.S. Senate supporting motorcycle ownership provisions in the House passed H.R. 1, better known as the “One Big Beautiful Bill.” The letters were sent to Majority Leader John Thune of South Dakota and Senate Finance Chairman Mike Crapo of Idaho. The provisions make interest on loans used to purchase American-made personal vehicles, including motorcycles, tax-deductible. There is concern that this provision may be changed in the Senate, applying the tax deduction only to automobiles. This change would not allow those purchasing new, American-made motorcycles that same benefit. The MRF believes that by making the interest on loans for American-made motorcycles deductible, more money will be put back in the pockets of U.S. middle-class riders while further strengthening U.S. manufacturing, U.S. dealers and after-market repair and mechanic shops, ensuring a solid, safe, and strong motorcycle industry. Expanding opportunities for Americans to purchase motorcycles is a good thing! The MRF is proud to support the efforts of companies like the Harley-Davidson Motor Company as they seek to grow the community of riders. |
