Bill117th CongressFiled Dec 8, 2022Taxation
S. 5219
Restaurant Revitalization Tax Credit Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Dec 8, 2022)
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 just happenedDec 8, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Cardin, Benjamin L. [D-MD](D-MD)Sponsor
2 cosponsors2 D
2cosponsors1committees2actions1related bills
- Introduced in SenateDec 8, 2022
- Dec 8, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Dec 8, 2022IntroReferral10000
Introduced in Senate