House Bill 2575
118th Congress(2023-2024)
Restaurant Revitalization Tax Credit Act
Introduced
Introduced in House on Apr 13, 2023
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2575
Congress
118
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
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.
April 13, 2023
04/13/2023
Referred to the House Committee on Ways and Means.
04/13/2023
Sponsor introductory remarks on measure. (CR E308-309)
04/13/2023
Introduced in House
Public Record
Record Updated
Dec 15, 2023 3:56:51 PM