Initially President Biden estimated that about 100,000 businesses would be able to be helped in this first wave of funding, but 147,000 applicants from the prioritization group requested funds for more than the initial $28.6 billion in the Restaurant Revitalization Fund. Kyrsten Sinema (D-AZ) and Roger Wicker (R-MS) and Reps. Earl Blumenauer (D-PA) and Brian Fitzpatrick (R-PA). 3807), which would refill the Restaurant Revitalization Fund with $42 billion,was reintroduced in. With the looming threat of another variant and growing challenges of inflation for both operators and consumers, the economic boost RRF could provide for those 177,000 restaurants would reach far into our communities, says Sean Kennedy, executive vice president of Public Affairs for the National Restaurant Association, in a press release. Rep. Earl Blumenauer (D-OR) was the Original Sponsor of the Restaurant Revitalization Fund Replenishment Act. Congress introduced legislation Thursday to replenish the Restaurant Revitalization Fund with a $60 billion second round of restaurant relief, after the U.S. Small Business Administration. It includes greater auditing requirements for restaurant grants to prevent fraud, as well as new transparency and customer service provisions to ensure that SBA shares information. And thus the Restaurant Revitalization Fund saga perseveres. He was saved, he said, by the first payment of PPP. Originally from Japan, Utagawa said the American restaurant industry has become an inspiration for other countries. Unfortunately, the House vote was not the end of the road for the RRF. Democrat. |title=H.R. As per ourlast article on the program, the buzz that once kept the RRF on the center of the political stage virtually disappeared over the course of last year so a refresher course is needed: Here is a timeline of what ended up happening: Here is what has been proposed to help save the situation: 1. The Senates failure to move this critical bill forward today will mean that far too many of these small businesses will be forced to close their doors, Cardin said. 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. We were out of money, Tyler said. Im convinced more than ever that [helping the restaurant community] is going to be essential if we are going to be able to fully recover from the COVID crisis. Utagawa is a partner in the Daikaya Group, which has three restaurants in the District,nincluding ramen bar Hatoba (300 Tingey St. WASHINGTON, May 19, 2022 /PRNewswire/ -- Today, the U.S. Senate failed to advance the Small Business COVID Relief Act of 2022 (S. 4008), ending the possibility of replenishing the Restaurant. We will get this done, Phillips recounted Pelosi as saying. 3807), that included $42 billion to replenish the RRF, on April 7. He told us hes had a lot of sleepless nights lately. 3807 (117th) These restaurants fighting for survival cannot go it alone any longer and should not be treated as a spot in the rearview mirror of Congress.. Although this was later challenged in court, the funds had already mostly been distributed. When and How to Prune A Prolific Fig Tree? (Co-sponsor) That legislation would reportedly give food & beverage establishments $40 billion in relief, with another $8 billion going to non-F&B establishments affected by the pandemic. Chef Geoff Tracy was one of the lucky ones. Sponsor. The bill was passed in a vote in the House. This legislation was first introduced in February of this year, and aimed to inject $48 billion into the RRF in order to also fund a second wave. Web page addresses and e-mail addresses turn into links automatically. Other efforts included House Republicans introducing similar legislation theENTRE Act which would have added $60 billion funds to the Restaurant Revitalization Fund, with funding provided by unspent EIDLs and funds from Bidens American Rescue Plan, and another piece of legislation introduced by Senate Democrats that would have added $48 billion in emergency funding to the depleted Restaurant Revitalization Fund. Web page addresses and e-mail addresses turn into links automatically. controversially had their grants rescinded. Congress unveiled new legislation the Restaurant Revitalization Fund Replenishment Act of 2021 to replenish the depleted first round of restaurant relief, 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, The Restaurant Revitalization Fund application portal is closing on May 24, SBA data confirms that the current Restaurant Revitalization Fund cant meet demand, Allowed HTML tags: . Kyrsten Sinema (D-AZ) and Roger Wicker (R-MS), and Reps. Earl Blumenauer (D-PA) and Brian Fitzpatrick (R-PA) introduced the RRF Replenishment Act bill. Related: The Restaurant Revitalization Fund application portal is closing on May 24, While it appears that our work to prioritize restaurants most in need was successful in the first round, the extraordinary demand for the Restaurant Revitalization Fund shows that many more businesses still desperately need help, Blumenauer said in a statement. 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. /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png. check that your profile has your current email address before its too late. 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. This information is the most up to date news available as of the date posted. The event was held Sept. 29 at Tortilla Coast (400 First St. Updated bill text was published as of Preprint (Rule). Moreover, as stated by Roll Call, Senator Benjamin Carden is reportedly not ready to take up the House legislation which is yet another obstacle to overcome. This bill was introduced in the 117th Congress, which met from Jan 3, 2021 to Jan 3, 2023. If H.R. 2. /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: . This legislation was importantly introduced by a bipartisan group of politicians including: Sens. Our mission is to empower every American with the tools to understand and impact Congress. Mastodon is an alternative social media platform. Members of Congress need to hear from you about your support for the Restaurant Revitalization Fund Replenishment Act. Congress introduced legislationThursday to replenish the Restaurant Revitalization Fund with a$60 billion second round of restaurant relief,after the U.S. Small Business Administration received requests for more than triple the allocated funds the first time around. Small . This is not the first time over the past year that restaurants have gotten their hopes up for a restaurant relief refill. For more information, visit Restaurant.org and find @WeRRestaurantson Twitter, Facebook and YouTube. 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. to replenish the Restaurant Revitalization Fund (RRF) and provide relief to small businesses in other hard-hit industries, including gyms, minor league sports, buses and ferries, among others. The legislation has still not been voted on but it was . Rep. Earl Blumenauer [D-OR3] More statements at ProPublica Represent Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber. We have been in close contact with the sponsors of the RESTAURANTS Act, and are pleased to announce that tomorrow, the RRF Replenishment Act will be introduced. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Restaurant & Hospitality Leadership Center, Commitment to Diversity, Equity and Inclusion, Multicultural Foodservice & Hospitality Alliance, Hopes of Replenishing RRF Dashed by Senate, Toggle Sub Navigation for Education & Resources, Toggle Sub Navigation for Issues & Advocacy, Toggle Sub Navigation for Events & Community, Toggle Sub Navigation for Research & Media, National Restaurant Association Show 2022. Congress.gov, the official portal of the United States Congress. Well continue our efforts in the Senate for Congress to complete the mission of the RRF.. By then, the RFF fund was long depleted. Prioritized funding applicants included establishments that were owned and operated bywomen, veterans, and socially and economically disadvantaged individuals. 3807 117th Congress: Restaurant Revitalization Fund Replenishment Act of 2021. www.GovTrack.us. The association now is asking for support on the RRF Senate vote by sending an email to elected officials. But starting in January, the White House began casting doubts that any of these pieces of legislation would ever get passed, stating that the Biden administration is looking to the future as the economy is booming. The U.S. House of Representatives voted yes on a bill Thursday that would provide $42 billion in relief to foodservice businesses that originally applied for the Restaurant Revitalization Fund, and. I dont have the time, I dont have the date, but I assure you that we have the commitment, we have the intention and we will get this over the finish line., As with the infrastructure package, getting the Restaurant Revitalization Fund Replenishment Act to pass is an uphill battle. Launched in 2004, GovTrack helps everyone learn about and track the activities of the United States Congress. The second round of the Restaurant Revitalization Act would allocate more than double the funds of the original relief bill. Legislation not passed by the end of a Congress is cleared from the books. Because you are a member of panel, your positions on legislation and notes below will be shared with the panel administrators. Rep. Terri Sewell [D-AL7] Get the free daily newsletter read by industry experts. Number 8860726. 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. This story has been updated to reflect the fact that the bill has passed in the U.S. House of Representatives. As a result, many businesses that were awarded RRF funding controversially had their grants rescinded. SE) was so frequented by Capitol Hill patrons that a table at the restaurant became associated with discussions around the 2013 Iran Nuclear Agreement. We hope that with your input we can make GovTrack more accessible to minority and disadvantaged communities who we may currently struggle to reach. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. The National Restaurant Association conducted a study earlier this year that found that 96% of RRF recipients said the grant made it more likely they would stay in business during the pandemic, and 92% of recipients said it helped them pay expenses or debt that accumulated since the start of the COVID-19 pandemic in March 2020.
Wicomico County District Court Commissioner,
Bryan's Cross Of Gold Political Cartoon Analysis,
Witch Hazel Aphids,
Boone Funeral Home Adel, Ga Obituaries,
Prayer Against The Spirit Of Lawlessness,
Articles W