Bill > S4012

Introduced Session

RESTAURANTS Act of 2020 RESTAURANTS Act of 2020 Real Economic Support That Acknowledges Unique Restaurant Assistance Needed To Survive Act of 2020 Real Economic Support That Acknowledges Unique Restaurant Assistance Needed To Survive Act of 2020 This bill temporarily establishes and provides funding for the Restaurant Revitalization Fund, from which the Department of the Treasury shall make grants to eligible food and beverage purveyors to cover specified costs. For the grant program's initial period, Treasury must (1) prioritize awarding grants to marginalized and underrepresented communities, and (2) only award grants to eligible food and beverage purveyors with annual revenues of less than $1.5 million. Further, an entity that received a loan under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019) may not apply for or use a restaurant revitalization grant for the same expenses for which the entity received the paycheck protection loan.

AI Summary

Committee Categories

Roger Wicker (R)*,  Tammy Baldwin (D),  Richard Blumenthal (D),  Cory Booker (D),  Sherrod Brown (D),  Tom Carper (D),  Bob Casey (D),  Bill Cassidy (R),  Chris Coons (D),  John Cornyn (R),  Catherine Cortez Masto (D),  Tammy Duckworth (D),  Dick Durbin (D),  Joni Ernst (R),  Dianne Feinstein (D),  Cory Gardner (R),  Kirsten Gillibrand (D),  Lindsey Graham (R),  Kamala Harris (D),  Mazie Hirono (D),  John Hoeven (R),  Cindy Hyde-Smith (R),  Doug Jones (D),  Tim Kaine (D),  Mark Kelly (D),  John Neely Kennedy (R),  Angus King (I),  Amy Klobuchar (D),  Joe Manchin (I),  Ed Markey (D),  Bob Menendez (D),  Jeff Merkley (D),  Jerry Moran (R),  Lisa Murkowski (R),  Chris Murphy (D),  Patty Murray (D),  Gary Peters (D),  Jack Reed (D),  Jacky Rosen (D),  Brian Schatz (D),  Chuck Schumer (D),  Jeanne Shaheen (D),  Kyrsten Sinema (I),  Tina Smith (D),  Debbie Stabenow (D),  Dan Sullivan (R),  Jon Tester (D),  Thom Tillis (R),  Chris Van Hollen (D),  Mark Warner (D),  Elizabeth Warren (D),  Sheldon Whitehouse (D),  Ron Wyden (D), 

Read twice and referred to the Committee on Finance. (on 06/18/2020)

Official Document