H.R. 2575 · 118th Congress
Restaurant Revitalization Tax Credit Act
- Stage
- In committee
- Sponsor
- Earl Blumenauer
- Introduced
- 2023-04-13
- Latest action
- 2023-04-13 · Introduced in House
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.