Home Food and Dining Magazine Restaurant Revitalization Tax Credit Act is reintroduced in the US Senate
Restaurant Revitalization Tax Credit Act is reintroduced in the US Senate
In essence, the new/old piece of legislation described below (its original iteration first appeared in 2021), would establish a tax credit as compensation for restaurants that did not receive Restaurant Revitalization Fund grants. RFF grants were the most visible component of the federal Covid-19 relief program.
Interestingly, yesterday President Joe Biden announced a final extension of Covid-19 national and public ...Read more