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Restaurant Revitalization Fund: Support for Food Service Businesses

This act establishes a $120 billion fund to help restaurants, bars, and similar businesses recover from pandemic-related challenges. These businesses can apply for grants to cover revenue losses and support ongoing operations and job retention. The goal is to bolster local enterprises and safeguard employment in the hospitality sector.
Key points
Creation of a $120 billion Restaurant Revitalization Fund for grants to food service businesses.
Grants aim to cover the difference between 2019 and 2020 revenues, helping businesses maintain payroll and cover operating costs.
Priority for grants given to small businesses (under $1.5 million in 2019 revenue) and those owned by women, veterans, and minorities.
Funds can be used for payroll, rent, utilities, mortgage payments, maintenance, supplies, and other operational expenses.
Grants are tax-exempt, and businesses do not lose other tax benefits due to receiving them.
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Expired
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Additional Information
Print number: 117_S_255
Sponsor: Sen. Wicker, Roger F. [R-MS]
Process start date: 2021-02-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

RESTAURANTS Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_255.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-02-04.

What are the main provisions?

Key points include:

  • Creation of a $120 billion Restaurant Revitalization Fund for grants to food service businesses.
  • Grants aim to cover the difference between 2019 and 2020 revenues, helping businesses maintain payroll and cover operating costs.
  • Priority for grants given to small businesses (under $1.5 million in 2019 revenue) and those owned by women, veterans, and minorities.
  • Funds can be used for payroll, rent, utilities, mortgage payments, maintenance, supplies, and other operational expenses.
  • Grants are tax-exempt, and businesses do not lose other tax benefits due to receiving them.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Wicker, Roger F. [R-MS].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Labor