S. 5219 · 117th Congress · Senate

Restaurant Revitalization Tax Credit Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Dec 8, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Restaurant Revitalization Tax Credit Act

This bill allows certain restaurants affected by the COVID-19 pandemic a credit against payroll tax liability up to 100% of the wages paid to their employees, not to exceed $25,000 in any calendar quarter.

Action Timeline

2
  1. DEC 08, 2022•IntroReferral

    Introduced in Senate

  2. DEC 08, 2022•IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Dec 8, 2022

Active