Rrf update congress
- A bipartisan group of lawmakers is calling on Congress to provide an additional $60 billion in aid to restaurants and bars after the initial relief fund sparked by the COVID-19 pandemic ran dry.
- On Thursday, a bipartisan group of senators introduced legislation that would put another $60 billion into the Restaurant Revitalization Fund (RRF), after more than 200,000 applicants were unable ...
- Jul 26, 2021 · U.S. Rep. Abigail Spanberger said she supports a proposal in Congress to provide more RRF funding. She said there is no timeline for when that money might be approved, if at all. ... UPDATE: I-95 ...
- Jul 22, 2021 · Nearly 200,000 RRF applications are still pending. Applicants who did not receive money before the fund closed have their applications held within the fund's platform so the SBA can process them in the order received if Congress infuses more money into RRF.
- The $1.9 trillion American Rescue Plan Act of 2021 (ARP), signed into law on March 11, 2021, includes a $28.6 billion "Restaurant Revitalization Fund" (RRF) administered by the Small Business Administration (SBA). The RRF provides economic relief to eligible restaurants. The RRF is similar to the Paycheck Protection Program (PPP), but RRF amounts are based on lost revenue rather than payroll ...
- Restaurant Revitalization Fund Replenishment Attempts Falter: While Congress has expressed bipartisan support for replenishing the depleted Restaurant Revitalization Fund ("RRF"), it has not been able to take action to do so. There are currently two bills pending to replenish the funds, and on August 7, 2021, a group of Senators attempted ...
- Congress Introduces ENTRÉE Act to Add $60 Billion in RRF Relief Dollars. In late July, Nation's Restaurant News reported that Rep. Blaine Luetkemeyer introduced the ENTRÉE Act in the House of Representatives to add an additional $60 billion in relief dollars to the fund. In addition to this new funding, the proposed legislation would ...
- Members of Congress request estimated tax deadline postponement April 1, 2021 In a letter to IRS Commissioner Charles Rettig on Wednesday, a diverse, bipartisan group of 60 members of Congress urged the IRS to extend the deadline for first quarter 2021 federal estimated tax payments to May 17.
- National Restaurant Association 2021 Advocacy Center - Restaurants Act.
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Help is on the way for restaurant owners who were hit hard by the COVID-19 pandemic. On March 11, 2021, President Joe Biden signed the American Rescue Plan Act of 2021 (the "Act'), a $1.9 trillion bill aimed at boosting the American economy during the COVID-19 pandemic. The Act created a $28.6 billion Restaurant Revitalization Fund (RRF).To assist you with the RRF application, SBA has prepared links to the following: Program Details. Supplemental documents Restaurant Revitalization Fund Program Guide and Application Sample.. Get help with your application: For assistance preparing your application, you can access the following: RRF knowledge base support documentation, Call center support: 1-844-279-8898, and Your local SBA ...
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