S 5219
117th Congress
Senate
Taxation
Restaurant Revitalization Tax Credit Act
Introduced: December 8, 2022
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 8, 2022
Read twice and referred to the Committee on Finance.
Dec 8, 2022
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1