S. 28 · 118th Congress · Senate

Restaurant Revitalization Tax Credit Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Jan 24, 23
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. JAN 24, 2023•IntroReferral

    Introduced in Senate

  2. JAN 24, 2023•IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

ssfi00

Referred: Jan 24, 2023

Active