Legis Daily

Restaurant Revitalization Tax Credit Act

USA118th CongressS-28| Senate 
| Updated: 1/24/2023
Benjamin L. Cardin

Benjamin L. Cardin

Democratic Senator

Maryland

Cosponsors (4)
Edward J. Markey (Democratic)Patty Murray (Democratic)Sherrod Brown (Democratic)Jeff Merkley (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

S 117-5219
Restaurant Revitalization Tax Credit Act
Jan 24, 2023
Introduced in Senate
Jan 24, 2023
Read twice and referred to the Committee on Finance.
Apr 13, 2023

Latest Companion Bill Action

HR 118-2575
Introduced in House
  • Bill from Previous Congress

    S 117-5219
    Restaurant Revitalization Tax Credit Act


  • January 24, 2023
    Introduced in Senate


  • January 24, 2023
    Read twice and referred to the Committee on Finance.


  • April 13, 2023

    Latest Companion Bill Action

    HR 118-2575
    Introduced in House

Taxation

Related Bills

  • HR 118-2575: Restaurant Revitalization Tax Credit Act

Restaurant Revitalization Tax Credit Act

USA118th CongressS-28| Senate 
| Updated: 1/24/2023
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 117-5219
Restaurant Revitalization Tax Credit Act
Jan 24, 2023
Introduced in Senate
Jan 24, 2023
Read twice and referred to the Committee on Finance.
Apr 13, 2023

Latest Companion Bill Action

HR 118-2575
Introduced in House
  • Bill from Previous Congress

    S 117-5219
    Restaurant Revitalization Tax Credit Act


  • January 24, 2023
    Introduced in Senate


  • January 24, 2023
    Read twice and referred to the Committee on Finance.


  • April 13, 2023

    Latest Companion Bill Action

    HR 118-2575
    Introduced in House
Benjamin L. Cardin

Benjamin L. Cardin

Democratic Senator

Maryland

Cosponsors (4)
Edward J. Markey (Democratic)Patty Murray (Democratic)Sherrod Brown (Democratic)Jeff Merkley (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 118-2575: Restaurant Revitalization Tax Credit Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted