S. 28 · 118th Congress
Restaurant Revitalization Tax Credit Act
- Stage
- In committee
- Sponsor
- Benjamin Cardin
- Introduced
- 2023-01-24
- Latest action
- 2023-01-24 · Introduced in Senate
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.