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. SBA stated that the agency will review a sample of RRF awards and use the results of this review to inform the effectiveness of its post-award procedures. Restaurant Revitalization Fund Award Disbursements, May 3July 1, 2021. This plan should include coordinating with the OIG to align efforts to address fraud. Get the free daily newsletter read by industry experts. No later than December 31, 2021, all recipients are required to report to the SBA how much of their RRF grant has been used against each eligible use category. Many hoped that would mean more money into the RRF, which wasnt able to distribute the vast majority of monies requested by restaurants due to lawsuits over a rule intended to help that aid reach minority-owned businesses first. This is not an infusion of funds into the RRF currently; in. SBA agreed or partially agreed with two recommendations. Access from your Country was disabled by the administrator. Let Restaurant Dive's free newsletter keep you informed, straight from your inbox. Published: Jul 14, 2022. And it underscores the inevitable inequities that accompany large-scale government interventions in the economy. In January 2023, SBA stated that it would offer to participate in a government-wide dialogue to address systemic weaknesses related to IRS and territories' tax validation systems. (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. The legislation would also provide $13 billion for other businesses affected by the pandemic, and it would establish oversight and reporting requirements to ensure grants are awarded properly and to verify the use of funding. So, in March 2021, seasonal compassion reinforced a political temptation for all seasons Congresss temptation to make life less unfair. An estimated 90,000 restaurants have already closed their doors during the pandemic, and that number will likely continue to grow. The U.S. House and Senate passed a bill, S.4008, which wouldve added $40 billion to the plan a significant increase over the approximate $29 billion originally proposed in the RRF. Copyright 1999 2023 GoDaddy Operating Company, LLC. In GovTrack.us, a database of bills in the U.S. Congress. 3807 passes the House and then the Senate, it would be a massive victory for restaurants that are struggling to shake the effects of past dining room restrictions as they navigate supply chain shortages, surging inflation and a historic labor shortfall. In March 2021, Congress appropriated $28.6 billion to the Small Business Administration to help the food service industry weather the COVID-19 pandemic. GAO reviewed SBA documentation, analyzed SBA data on the program's applicants and recipients, and interviewed SBA officials and representatives of industry associations. They said at least 90,000 restaurants and bars have closed since the pandemic started more than two years ago. This will remain until they fully expend the grant funding or the covered period expires. However, in May, the Senate didn't pass the proposed increase, which was viewed by many as a setback. That is a serious consideration. For an optimal experience visit our site on another browser. It should take place Monday or Tuesday . CPF, documento de identificao ou Cdigo da Conta. Supply chain shortages are still a massive problem for restaurants, and the cost of doing business grows by the day. A similar attempt to refill the RRF was left out of the omnibus spending bill earlier this year. Senate Minority Whip John Thune, R-S.D., splashed cold water on the prospects of the legislation moving forward, comparing it to the stalled Covid relief bill. Initially, nearly $29 billion was appropriated to award eligible restaurants and other establishments to help their businesses in the wake of the pandemic. Among its objectives, this report examines recipient characteristics, SBA's internal controls and fraud risk management practices, and SBA's efforts to monitor recipients. This field is for validation purposes and should be left unchanged. 3807), which would refill the Restaurant Revitalization Fund with $42 billion,was reintroduced in. Even the Restaurant Revitalization Fund, with its paltry $28.6 billion in initial funding, wasnt enough to meaningfully help most establishments. Past-due expenses qualify as RRF expenses. The recipient has until March 11th of 2023 to use the RRF grant unless the business has permanently closed. H.R.3807 - Restaurant Revitalization Fund Replenishment Act of 2021 117th Congress (2021-2022) Bill Hide Overview More on This Bill Constitutional Authority Statement CBO Cost Estimates [0] Subject Policy Area: Commerce View subjects Give Feedback on This Bill Contact Your Member Summary (2) Text (3) Actions (17) Titles (3) Amendments (1) By June 2021, the funds $28.6 billion had been disbursed to 100,000 applicants in grants averaging $283,000. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, A New Normal Takes Hold; Restaurants Focused on Paths to Continued Growth in 2023, DIRECTV for BUSINESS and National Restaurant Association Team-Up to Enhance the Restaurant Experience and Advance Restaurant Workers. CPF, documento de identificao ou Cdigo da Conta. "With the looming threat of another variant and growing challenges of inflation for both operators and consumers, the economic boost RRF will provide for those 177,000 restaurants would reach far into our communities," Sean Kennedy, NRA's executive vice president of public affairs, wrote in the letter. Four mistakes youre making with home internet. But it flagged 4,000 award recipients for suspected fraud and isn't taking timely action to address them. Cardin's bill, S.4008, would provide $40 billion in additional funding for the Restaurant Revitalization Fund. Together with 52 State Associations, we are a network of professional organizations dedicated to serving every restaurant through advocacy, education, and food safety. Stay informed as we add new reports & testimonies. Two senators and two congressmen signed a letter Tuesday asking the Small Business Administration to update Congress on its plans to disburse $180 million in unallocated Restaurant Revitalization Fund money. As a recap, the Restaurant Revitalization Fund was created to give restaurants and other hospitality-related businesses the financial assistance that they need to get through this world-wide pandemic.To ensure all types of restaurant owners receive funding, including smaller establishments and minority . The American Rescue Plan created the Restaurant Revitalization Fund. The SBA closed the program and stopped accepting applications on July 2nd, 2021. Reps. Brian Fitzpatrick (R, PA) and Earl Blumenauer (D, OR), and Sens. Restaurant Revitalization Fund Distributes $83M in Remaining Funds We are beyond disappointed that this massive government funding proposal ignores the needs of 177,300 neighborhood restaurants and bars impacted by the pandemic, IRC executive director Erika Polmar said. Oops. Congress Won't Send Any More Financial Aid to Restaurants - Eater The bill would also put $13 billion toward other businesses impacted by the COVID-19 crisis. (Recommendation 7), Restaurant Revitalization Fund: Opportunities Exist to Improve Oversight. After this money was distributed, more than 177,000 applications were left in limbo at the SBA. Recipients that are unable to use all of the funds received on eligible expenses by the end of the covered period must return any unused funds to the Treasury. On April 7, 2022, the House passed H.R. "We hear from restaurants and bars owners each day who applied for a grant and never received one. The Independent Restaurant Coalition, which has spent the last two years lobbying for small restaurants in the face of extreme economic uncertainty, issued a statement on Wednesday condemning the decision to abandon restaurants, calling it catastrophic for these establishments. To amend the American Rescue Plan Act of 2021 to increase appropriations to the Restaurant Revitalization Fund, and for other purposes. "We must continue to look forward because the enormous challenges of the industry will continue beyond today. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. (Recommendation 5), The Associate Administrator for the Office of Capital Access should develop, document, and implement procedures to use enforcement data on suspected fraud in other SBA programs, such as PPP, to identify potential fraud in RRF recipients. The unions proposals often focus on specific changes to systems workers interact with all day, every day, including equipment and mobile ordering. SBA to disburse $180M in remaining RRF funds | Restaurant Dive The Latest Restaurant Revitalization Fund (RRF) Updates H.R.3807 - 117th Congress (2021-2022): Restaurant Revitalization Fund The industry still has not recreated 565,000 jobs lost at that time, which is the largest current employment deficit caused by the pandemic among all U.S. industries. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. House passes aid for restaurants, small businesses affected by Covid The American Rescue Plan Act (ARPA) established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. Apr 7, 2022. For more information about the SBA, visit sba.gov. 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. SBA Restaurant Revitalization Fund:: LOS ANGELES, CA / ACCESSWIRE / May 2, 2022 / The Restaurant Revitalization Fund (RRF) has promising news that funds may be added, however, are not guaranteed just yet. All of the funds had to be used for valid cases and claims up to March 11, 2023. 3807 (117th). CEO of Berryhill Baja Grill restaurants in Houston, Jeff Anon, decided to take matters into his own hands in regards to declaring his right to free speech. Copyright 2023 Sawyer Direct LLC | All Rights Reserved. The House passed the Relief for Restaurants and other Hard Hit Small Businesses Act of 2022 (H.R. 3807, the Restaurant Revitalization Fund Replenishment Act of 2021. The House is expected to vote on the bill,which has a mix of 234 Democratic and Republican sponsors, this week. SBA took steps to detect fraudulent or ineligible applications. This recommendation will remain open until SBA enhances its post-award reporting procedures to require recipients to report their operating status. 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. "After navigating an unpredictable supply chain, multiple COVID-19 surges, and dealing with revenue-hampering restrictions, these businesses have two years of crushing debt," Erika Polmar, the IRC's executive director, said in a statement.

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