restaurant revitalization fund 2022

Sign up here. 2. https://www.calrest.org/news/thousands-california-restaurants-close-permanently Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. Do not sell my personal infoPrivacy PolicyContact UsRSS, Senate shoots down bill to replenish Restaurant Revitalization Fund. Well, then, what about that will-o-the-wisp, fairness? [description] => Introduced In the Senate, two similar bills have drawn some bipartisan support. The fund was established in response to COVID-19 to make grants to eligible food and beverage operators for covering specified costs such as payroll, operational expenses, and paid sick leave. Local restaurants across the country expected help but the Senate couldnt finish the job, Erika Polmar, executive director of the Independent Restaurant Coalition, said in a statement. The wisdom of those measures is debatable; the pain from them is undeniable. While there are valid questions about government spending and inflation, restaurants should not be caught in the crossfire., Last years American Rescue Plan established the RRF with $28.6 billion in fundingsaving more than 900,000 jobs, according to the NRAbut failed to fully address the plight of restaurant operators around the country owing to the pandemic. So, however, is this: Once government begins to pursue the chimera of ever-more-perfect fairness, it finds actually, it incites more and more factions claiming that justice demands their inclusion in the governments ever-expanding plans for smoothing lifes rough surfaces. For more information on the latest news, please reach out toKROST Restaurant Accountants & Consultantsfor assistance. The freshest news from the food world every day, By submitting your email, you agree to our, The Restaurant Revitalization Fund Is Dead, Why TikToks Pink Sauce Was Made to Go Viral, From millennial pink to Barbiecore, its no surprise that TikToks Pink Sauce popped off. 3807, as introduced, and Rules Committee Print 117-39. The $40 billion renewal of the Restaurant Revitalization Fund (RRF) failed along with the broader Small Business COVID Relief Act of 2022, which gained 52 yes votes in the chamber, short of the 60 votes needed to overcome a Republican filibuster. For example, SBA considered applications made through external vendors to be low-risk, but over 4,000 recipients who applied through such a channel have been flagged for suspected fraud or ineligibility, including an alleged fraudster who received $8 million. Waives all points of order against provisions in the bill, as amended. ), Array Including $85 million for certain border region businesses, such as those in (herewith a geography lesson) the Northwest Angle, which CQ Roll Call explains is a region of Minnesota that is separated from the rest of the state by the Lake of the Woods but shares land borders with Canada, whose strict pandemic protocols injured Americans living in the Angle. Provides that an amendment in the nature of a substitute consisting of the text of Rules Committee Print 117-39, modified by the amendment printed in the Rules Committee report, shall be considered as adopted and the bill, as amended, shall be considered as read. Presumably, most of the independent restaurateurs across the country werent holding their breath and waiting for the federal government to step in and save them, but what comes next could be particularly bleak, even for establishments that have been successful despite making it through the darkest days of the pandemic. We recommended that SBA do so. (Recommendation 3), The Associate Administrator for the Office of Capital Access should enhance RRF post-award reporting procedures by adding requirements for recipients to report their operating status. The Restaurant Revitalization Fund was originally set up to prioritize funding businesses owned by these groups, but a group of lawsuits decried the policy as discriminatory and the SBA had to walk back this policy. How many restaurants that eventually closed their doors could have survived with full funding of the RRF, we will probably never know. Examples: "Trade Relations", "Export Controls", Examples: hr5, h.r.5, sjres8, sa2, pl116-21, 86Stat1326, Examples: trade sanctions reform, small modular reactor, Examples: hr5, h.r.5, sjres8, s2, 90stat2495, Examples: hr5021, H.Res.866, sconres15, S.51, 117pl2, 117-2, Examples: "enrolled bill signed", "leak detection dog", Examples: general, "deputy under secretary", Examples: baseball, "standing rules", "Presidential Address", Examples: EC6228, r12313, PM45, PT83, ML160, Examples: "trade relations", "Export Control Act". There comes a point where the right policy is: Stop smoothing. The Restaurant Revitalization Fund depleted quickly as the number of applicants surpassed the number of available funds. Defeated: 37, Motion by Mr. Morelle to report the rule. Related: Heres who received the largest Restaurant Revitalization Fund grants, The American Rescue Plan Act (ARPA) of 2021 does not create a $24 million litigation set aside for the SBA to administer, Sean Kennedy, executive vice president of public affairs with the National Restaurant Association said in the letter. Published: Jul 14, 2022. Next:Wine Spectator: Bordeaux Begins 2021 Futures Campaign In Challenging Times. 4. https://www.congress.gov/bill/117th-congress/senate-bill/2675. About 40% of eligible applicants received awards from the resulting Restaurant Revitalization Fund before it was depleted. That is a serious consideration. 2. The U.S. Senate failed to pass a new round of pandemic relief for restaurants late last week. Registered in England and Wales. Placed on Senate Legislative Calendar under General Orders. Funds may be used for expenses including mortgage, rent, and utility payments and payroll. Get todays need-to-know restaurant industry intelligence. The Restaurant Revitalization Fund was established in March 2021 to support eligible entities suffering revenue losses from the COVID-19 pandemic. [actionDate] => 2022-04-07 [] We urge the SBA to take every step to disburse all remaining funds in a fair and timely manner.. The CARES Act includes a provision for GAO to monitor federal efforts to respond to the COVID-19 pandemic. 3807. Aggregate grant amounts are capped at $1 million. (Recommendation 4), The Associate Administrator for the Office of Capital Access should develop and implement data analytics across RRF awards as a means to detect potentially fraudulent award recipients. Related: Senate votes to kill the $40 billion Restaurant Revitalization Fund round two. See Bill Introduced in Congress to Replenish the RRF. Following the publication of this report, The National Restaurant Association sent a letter to the SBA asking the government organization to disseminate the remainder of the available funds. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Most recipients (72 percent) reported they were owned by women, veterans, or members of socially and economically disadvantaged groups. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Tuesday, April 5, 2022 - 1:30pm H-313, The Capitol View Announcement . Stay informed as we add new reports & testimonies. Rep. Earl Blumenauer (D-Ore.), who supported the bill, said the $42 billion should be enough to provide grants to all the restaurants that applied last year for the original fund but received nothing. ( In California, according to the California Restaurant Association2,a third of restaurantsare estimatedto have closed permanently due to the pandemic. Six weeks ago six weeks of economic recovery ago Britschgi noted that in general, there are more small businesses open today than existed before the pandemic. And almost all government-dictated restrictions on commerce have ended. The first reports were due in December 2021, but 32 percent were overdue as of June 2022. What is the difference between a Common Interest Community and a Condominium? Democrats wanted to treat the funds as emergency spending. Closed rulefor H.R. The act illustrates a timeless truth legislative bargaining is additive. The government closed restaurants and bars because they were considered particularly apt to endanger the public by spreading the coronavirus, so the public should compensate everyone for losses suffered on the publics behalf. DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Array The report also found that even though RRF recipients were supposed to report on how they spent the money within the set parameters, as of June 2022, nearly one-third of recipients had failed to do so. ADPPA: American Data Privacy & Protection Act. And the supply chain has been disrupted.. Nearly three-quarters of recipients were businesses owned by women, veterans or members of socially or economically disadvantaged groups. McDonalds names Brian Rice chief information officer, An ESG policy could land a company in trouble within these states, Restaurants start getting some relief on inflation, Bloomin Brands continues to lock horns with inflation, Texas Roadhouse says customers are getting back to normal. And for those restaurants that did have to close their doors, replenishment of the RRF would be of no help now. Pat Leahy and Bernie Sanders, supported the Replenishment Act.) About 43 percent had 2019 revenue of $500,000 or less. Founded in 1919, the National Restaurant Association is the leading business association for the restaurant industry, which comprises nearly 1 million restaurant and foodservice outlets and a workforce of 14.5 million employees. Together with 52 State Associations, we are a network of professional organizations dedicated to serving every restaurant through advocacy, education, and food safety. Rescuing restaurants (again) ought to give Congress indigestion, Sign up for a weekly roundup of thought-provoking ideas and debates, Jon Stewart shows Democrats how to respond to GOP cruelty, Indianas cruel abortion bill is a warning of post-Roe reality. Small businesses of long standing, and families who went into debt to launch, say, restaurants or bars or bakeries just before the pandemic, now have blighted futures the caprice of rotten luck. portalId: "4827375", Number 8860726. (. 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Whether softened or cold or room temperature, applying the right kind of butter can be surprisingly tricky, voted down the Small Business COVID Relief Act of 202, estimated 90,000 restaurants have already closed their doors during the pandemic, Biden administration official hinted that there might be something small in terms of an aid package, was one of only a few lawmakers in any party to argue that restaurants be prioritized in any upcoming aid bills, How to Celebrate a Birthday in New York City, Where to Get Even Better Choco Tacos Around the Country, A Strawberry Scones Recipe That Gets It Right. /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png, The National Restaurant Association is asking the Small Business Administration to distribute these unobligated funds to eligible recipients, 2022 Informa USA, Inc., All rights reserved, McDonalds names Brian Rice as global information chief, $625,000 in scholarships go to Subway sandwich artists across North America, Gong cha appoints new global CEO Paul Reynish, Heres why Teriyaki Madness is diving into food trucks, JINYA Ramen Bar parent goes all in on national expansion with new lounge concept, NRN editors taste food from Wendys, Starbucks, Cava, On the Border proves its never too late to modernize your brand, The Wealthy Franchisee: How a little grit can make a lot of difference, Tech Tracker: High-tech restaurant prototypes, Senate votes to kill the $40 billion Restaurant Revitalization Fund round two, Heres who received the largest Restaurant Revitalization Fund grants, Allowed HTML tags:

. The amounts were calculated based on a restaurants 2020 shortfall in gross receipts compared to 2019, minus any funds received from PPP, with a maximum of $10 million per business and a maximum of $5 million per location. COVID continues to be a wildcard in terms of challenges with health restrictions. Downs Rachlin Martin PLLC var today = new Date(); var yyyy = today.getFullYear();document.write(yyyy + " "); | Attorney Advertising. ORDER YOUR 2022 IMPACT DATABANK REPORTS. In 2020 and 2021, restaurants, bars, and other food service businesses experienced substantial revenue loss and unemployment resulting from the COVID-19 pandemic. The Independent Restaurant Council estimates that more than half of the 177,300 independent establishments waiting on RRF grants will close without that additional aid. Nevertheless, the Replenishment bill barely passed the House 223 to 203 in April, with only six Republicans favoring it and only four Democrats opposed. Restaurant & Hospitality Leadership Center, Food Safety & Quality Assurance Conference, Commitment to Diversity, Equity and Inclusion, Multicultural Foodservice & Hospitality Alliance, Hopes of Replenishing RRF Dashed by Senate, National Restaurant Association Show 2022. 3807 to make in order amendment #8, offered by Rep. Fitzgerald (WI), which prohibits anyone convicted of violent crimes, sex crimes, drug trafficking, or anyone with ties to a foreign terrorist organization, from accessing SBA assistance. (Recommendation 6), The Associate Administrator for the Office of Capital Access should develop and implement a plan to respond to potentially fraudulent and ineligible RRF awards in a prompt and consistent manner. Taking additional steps to identify and address potentially fraudulent awards in a timely manner could help SBA recover funds. 3807, as introduced, with modifications. Open

Actions to satisfy the intent of the recommendation have not been taken or are being planned.

, Executive Candidate Assessment and Development Program, Business Regulation and Consumer Protection, The Associate Administrator for the Office of Capital Access should conduct and document an assessment of the RRF pre-award controls and address or mitigate deficiencies. The Senate has a $48 billion bill, with more than restaurants eligible for revitalization: gyms, minor league sports teams, companies that support live entertainment events (lighting and sound technicians, etc. Number of Restaurant Revitalization Fund Applications by Eligibility and Funding Status. When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information. and Roger Wicker (R-Miss.). (Recommendation 2), The Associate Administrator for the Office of Capital Access should develop and implement policies and procedures for addressing RRF recipients who do not meet annual reporting requirements. While ARPA does direct returned or reclaimed RRF awards to the Department of Treasury, it would be consistent with the spirit of the law to utilize all unobligated funds to address the RRF shortfall. (text: CR H4401-4404) While there are valid questions about government spending and inflation, restaurants should not be caught in the crossfire.. Congress can talk about refilling the Restaurant Revitalization Fund, but it can never be full enough to service all factions who can claim, with some plausibility, that they experienced unfairness not easily distinguished from that suffered by factions who benefited from the first $28 billion. Though pandemic restrictions have eased, Blumenauer said it was critical to help restaurants get back on their feet. [displayText] => Passed/agreed to in House: On passage Passed by the Yeas and Nays: 223 - 203 (Roll no. Loans will eventually come due, landlords are already asking for their back rent, and diners budgets are feeling especially pinched thanks to rising inflation. The Small Business Administration (SBA) began accepting applications and awarding funds in May 2021. Finally, the bill extends to March 11, 2023 (or a later date as determined by the SBA), the time frame during which Shuttered Venue Operators Grant recipients may use grant funds to cover their expenses. The Government Accountability Office analyzed weakness and issues with the Restaurant Revitalization Fund program, which appropriated $28.6 billion to the foodservice industry in 2021. ), Blog In Custodia Legis: Law Librarians of Congress, Senate - 05/25/2022 Read the second time. For a year the National Restaurant Association and its allies inside and outside of Congress, including the tireless Sue Bette of Burlington, Vermonts Bluebird BBQ restaurant, have been lobbying and working Congress for a replenishment of the RRF to give relief funds to all of the restaurants that applied in 2021 but received nothing. [actionDate] => 2021-06-11 Out of more than 278,000 restaurants that applied for RRF funds, only 101,000 received aid before the funding was depleted.Daniel Marsteller, Tagged : National Restaurant Association, Restaurant Revitalization Fund. 2021 National Restaurant Association. Washington, D.C. 20515 This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Why Is Butter Temperature So Important in Baking? In January, a Biden administration official hinted that there might be something small in terms of an aid package, which far was from confidence-inspiring. Bill Introduced in Congress to Replenish the RRF, Senate Filibuster Kills The RRF Replenishment Act, Captive Insurance Update | Fall Edition | 2022, Early Mental Health Intervention Improves TBI Outcomes, Means Plus Function Williamson Removed The Heavy Presumption But Dyfan And VDPP Pack Some of the Pounds Back On. The death of the Replenishment Act leaves 177,000 eligible and deserving restaurants including hundreds of Vermont restaurants without the COVID relief funds that some lucky early applicants received. Tired of reading? And by the third quarter of 2021, Britschgi writes, the number of restaurants had surpassed pre-pandemic levels.. The U.S. Small Business Administration has yet to disperse $180 million of unobligated funds that were set aside for the Restaurant Revitalization Fund as of June 2022, according to a July report published by the U.S. Government Accountability Office. And it underscores the inevitable inequities that accompany large-scale government interventions in the economy. But it flagged 4,000 award recipients for suspected fraud and isn't taking timely action to address them. 3. The report also said that SBA officials said they planned to make awards until all funds were expended. The unobligated funds included $24 million set aside for litigation, about $56 million from returned awards and the rest from realized or anticipated recoveries.. Nations Restaurant News has reached out to the U.S. Small Business Administration for more information on the unobligated funds and will update this story with the administrations responses. Build a Morning News Brief: Easy, No Clutter, Free! Will an injustice be done if, with the pandemic receding and the economy reviving, nothing is done for those who missed out in the first-come-first-served scramble for the initial (and perhaps final) $28 billion? On Thursday, the Senate voted down the Small Business COVID Relief Act of 2022, which wouldve added $40 billion in relief for the thousands of restaurant owners across the country still struggling after shutdowns, staffing shortages, and more operational woes caused by the COVID-19 pandemic. The association is the majority owner of Winsight LLC, parent company to Restaurant Business. Benjamin L. Cardin (D-Md.) About us. According to the report, 88% of applicants were eligible for funding but only 40% ended up receiving Restaurant Revitalization Fund money. People are still struggling to get their balance, Blumenauer said Thursday after the vote. [externalActionCode] => 1000 The American Rescue Plan created the Restaurant Revitalization Fund. Lines and paragraphs break automatically. Stories that explain the news through charts, maps, photography and videos. Restaurant Revitalization Fund Award Disbursements, May 3July 1, 2021. It is axiomatic that the titles of congressional bills, like the titles of Marx Brothers movies (Duck Soup, Horse Feathers), are not scrupulously informative. Republicans and Democrats could not reach a consensus of how to pay for the bills. (Recommendation 7), Restaurant Revitalization Fund: Opportunities Exist to Improve Oversight. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Waives all points of order against consideration of the bill. Todays vote will further exacerbate those challenges and result in more economic hardships for the families and communities across the country that rely on the restaurant and foodservice industry.. The American Rescue Plan last year established the RRF with $28.6 billion. For instance, it prevented over 30,000 suspicious applications from receiving awards. (Recommendation 1), The Associate Administrator for the Office of Capital Access should assess how the design of RRF pre-award controls may have adversely affected applicants from U.S. territories, and identify and document steps to mitigate this issue for future programs. Clickhere to read more about how we use cookies. In March 2021, Congress appropriated $28.6 billion to the Small Business Administration to help the food service industry weather the COVID-19 pandemic. Republicans wanted existing funds reallocated. And stop digging. Those hopes were just dashed on May 19 when the Senate failed to end a filibuster against the bill, effectively killing it. Previous:Cresco Expands In Florida, With U.S. Retail Footprint Reaching 50 Locations

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