Revelers Hour was lucky. H.R. Chef Geoff Tracy was one of the lucky ones. It shouldnt be this hard, especially as were paying for this with resources returned from people who were inappropriately compensated. We were out of money, Tyler said. Investers stepped in to save the retaurant, but it added to the already considerable opening debt, which now includes rent deferrment, loans and credit cards. 3807), that included $42 billion to replenish the RRF, on April 7. This bill was introduced in the 117 th Congress, which met from Jan 3, 2021 to Jan 3, 2023. today issued a statement after the U.S. Senate failed to meet the 60-vote threshold needed to proceed to a debate on S.4008. CTRL + SPACE for auto-complete. This latest effort could be restaurants last hope of passing another round of relief for the industry. It only remains to be seen if Congress can come together at all. Web page addresses and e-mail addresses turn into links automatically. 2023 Informa USA, Inc., All rights reserved, Denny's raises over $1.2 million to fight childhood hunger in 12th annual No Kid Hungry fundraiser, Bojangles names Tom Boland as new chief marketing officer, Baskin-Robbins rolls out chicken-and-waffle flavored ice cream, How Jersey Mike's is becoming 'America's sandwich shop', Nations Restaurant News launches new CREATE Roadshow event series, San Diegos Trust Restaurant Group drives retention, innovation with culture of yes, Tech Tracker: Restaurant QR codes are evolving and so should yours, Restaurant Revitalization Fund is dropped from omnibus spending bill as hope for relief dwindles, The Senate proposed a $48 billion Restaurant Revitalization Fund replenishment. And thus the Restaurant Revitalization Fund saga perseveres. File Your Taxes, Art in The City: Spring 2023 Art Expos, Fairs and Festivals, Jared Weiss Running as Write-in for ANC6D02, DC Permanently Removing NoMA Underpass Encampments. Since the pandemic began, more than 90,000 restaurants have permanently closed, and the industry suffered one-quarter of the total job losses in the nation. Rep. Earl Blumenauer [D-OR3] It shouldnt be this hard, especially as were paying for this with resources returned from people who were inappropriately compensated. All Info for H.R.3807 - 117th Congress (2021-2022): Restaurant Revitalization Fund Replenishment Act of 2021 This is part of a new project to develop better tools for bringing real-time legislative data into the classroom. We love educating Americans about how their government works too! The 177,000 restaurants that applied but didn't receive RRF funding represent around 20% of the industry, according to the National Restaurant Association, suggesting another round of restaurant-specific federal grants could improve the industry's recovery. The bill will be partially funded by all funds recovered, seized, reclaimed, or otherwise returned from unused monies from 2020 and 2021 pandemic relief programs, including criminals that fraudulently stole billions in relief funds meant for small businesses, as outlined by President Biden last month. It goes to the Senate next. Foodservice Equipment Reports, Inc. All Rights Reserved, Multiunit Foodservice Equipment Symposium, House Passes $42 Billion Bill To Replenish RRF, Registration Opens for FEDA Annual Conference, Global Manufacturer Taps Experienced Product Manager, In Memoriam: Jerry Greene of Hotel & Restaurant Supply. It closed just 21 days later, shutting out an estimated 177,000 grant applicants. 2. [] The level of dissention and controversy has beenindescribable, and I thought that the restaurants were a way to help bring us all together.. Now, the bill will be passed intothe Senates hands where the current GOP opposition will be much harder to overcome. With the first RRF, $28.6 billion was provided and more. /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png, The U.S. House of Representatives is likely to vote on a $55 billion small business aid package that would distribute $42 billion to the restaurant industry, 2023 Informa USA, Inc., All rights reserved, Denny's raises over $1.2 million to fight childhood hunger in 12th annual No Kid Hungry fundraiser, Bojangles names Tom Boland as new chief marketing officer, Baskin-Robbins rolls out chicken-and-waffle flavored ice cream, How Jersey Mike's is becoming 'America's sandwich shop', Nations Restaurant News launches new CREATE Roadshow event series, San Diegos Trust Restaurant Group drives retention, innovation with culture of yes, Tech Tracker: Restaurant QR codes are evolving and so should yours, Restaurant Revitalization Fund is dropped from omnibus spending bill as hope for relief dwindles, Restaurant Revitalization Fund efforts ramp up again as time is ticking for restaurant relief, Restaurant Revitalization Fund Replenishment Act, Allowed HTML tags:
. 2021 National Restaurant Association. During the last round of the Restaurant Revitalization Fund, the U.S. Small Business Administration at first wanted to prioritize businesses owned by women, minorities and veterans, but after a series of discrimination lawsuits, were required to abandon this prioritization. SE), which opened in October 2019. Minnesota Representative Phillips agreed that restaurants are key to culture and to community. June 11th 3 lawsuits are filed by white, male restaurant owners who claim they werediscriminated against because of the SBAs prioritization scheme, June 11th the RRF Replenishment Act is introduced, June 14th priority applicants stop receiving their pre-approved awards, June 18th the courts ruled that the prioritization structure was unconstitutional and the plaintiffs receive their awards, June 23rd the SBA sends letters to all pre-approved applicants telling them they will not need toreapply for the RRF, June 25th the SBA sends letters to all non-pre-approved applicants telling them their award willnot be approved, June 30th the SBA announces that the RRF is officially closing on July 13th, July 9th the Independent Restaurant Coalition (IRC) files a Freedom of Information Act request, July 12th the SBA releases data on the RRF, August 8th the RRF Replenishment Act is stopped from passing after a senator objects, September 10th the IRC conducts a survey and finds that 82% of operators will be forced toclose if no RRF replenishment is passed. According to Rep. Blumenauer, businesses will not need to apply again if the legislation passes this time. Registered in England and Wales. The bill is co-sponsored by Sen. Roger Wicker (R-MS) and includes additional funds for gyms, live venues and transit systems, among other business categories. Sponsor. This information is the most up to date news available as of the date posted. a restaurant that is on the edges of the Capitol Grounds where Members of Congress prepared for a Thursday vote on a $1.3 trillion infrastructure package . NRA forecasts 2023 job growth, not major recession, McDonalds scales Krispy Kreme pilot to 160 Kentucky units, Chicken Salad Chick targets 35 openings in 2023, Reimagining the dine-in experience with technology, How Restaurants Can Turbocharge Loyalty Programs with Payment Data, How Chipotle Targets & Engages Guests with Mobile Marketing, Chick-Fil-a in PA Bans Unchaperoned Minors for Unacceptable Behavior, McDonalds Cardi B and Offset Promotion Draws Pushback From Some Restaurant Owners, Smart Mobility Data: The Essential Guide to US Retail Location Selection, What Diners Want: 5 Top Trends in the Restaurant Industry, Starbucks board opposes labor review backed by NYC pension funds, CA bill would establish joint franchisor-franchisee liability for QSRs, The Relief for Restaurants and Other Hard Hit Small Businesses Act of 2022 (H.R. It used to be an awesome place to do business.. Restaurants are still not out of the woods, Tracy said. These restaurants fighting for survival cannot go it alone any longer, and should not be treated as a spot in the rear-view mirror of Congress.". How to cite this information. Tracy said he still isnt sure exactly why they qualified over anyone else. March 1, 2023 . (2023). Allowing restaurants, bars, and other hard-hit small businesses to disappear through inaction will leave holes in our communities that will not be easily filled. On June 11, 2021, Congress introduced the Restaurant Revitalization Fund Replenishment Act of 2021 to replenish the fund with $60 billion. (Sponsor) Legislation not passed by the end of a Congress is cleared from the books. He pointed out that in discussion of the infrastructure bill, people are throwing numbers in the trillions. (Co-sponsor) The most notable facet of this legislation was its source of funding, which was planned to come from rescinding money from unspent Economic Injury Disaster Loans (EIDLs) and other state and local funds within the purview of the American Rescue Plan. How bad is restaurant inflation? Kyrsten Sinema (D-AZ) and Roger Wicker (R-MS), and Reps. Earl Blumenauer (D-PA) and Brian Fitzpatrick (R-PA) introduced a bill to replenish the RRF. The Supreme Courts Legitimacy is in Peril, Removal of Old Growth Trees Underway at Eastern Market Plaza Park. Democrat. Some restaurant operators are a step closer to receiving federal COVID-19 aid after the U.S. House of Representatives voted today to pass a $42 billion bill to replenish the Restaurant Revitalization Fund (RRF). I cant pay my bills with money I dont have. Saving neighborhood restaurants, critical to infrastructure, would only take 50 to 60 billion, he said. June 30th - the SBA announces that the RRF is officially closing on July 13th July 9th - the Independent Restaurant Coalition (IRC) files a Freedom of Information Act request July 12th - the SBA releases data on the RRF July 23rd - the ENTREE Act is introduced August 8th - the RRF Replenishment Act is stopped from passing after a senator objects This legislation was first introduced by Congress in June of 2021, and aimed to inject $60 billion into the RRF to fund a much-needed second wave of the RRF. UPDATE: The National Restaurant Association issued a statement following the bills passage. This legislation was introduced by Congressman Blaine Luetkemeyer (R-MO). Some restaurant operators are a step closer to receiving federal COVID-19 aid after the U.S. House of Representatives voted today to pass a $42 billion bill to replenish the Restaurant Revitalization Fund (RRF).. Our public interest mission means we will never put our service behind a paywall. 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