3.0.0 1519 2023-03-08T20:12:09Z 2023-03-08T20:12:09Z Senate S 2021-04-29 117 ssfi00 Finance Committee Senate Standing Referred to 2021-04-29T20:34:18Z Save Hotel Jobs Act 117 3093 HR 2021-05-11 Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Identical bill CRS 2021-04-29 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-04-29 Introduced in Senate IntroReferral 10000 9 Library of Congress S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI N R000608 Sen. Rosen, Jacky [D-NV] Jacklyn Rosen D NV 2021-06-10 False Commerce Business expenses Cardiovascular and respiratory health Emergency medical services and trauma care Employee hiring Health promotion and preventive care Health technology, devices, supplies Income tax credits Income tax exclusion Infectious and parasitic diseases Travel and tourism Unemployment Wages and earnings Commerce 00 2021-04-29 Introduced in Senate 2022-06-27T20:04:42Z Save Hotel Jobs Act

This bill requires the Department of the Treasury to award grants to hotel owners and operators to assist with payroll costs.

Applicants for a grant must provide Treasury with certain assurances, including that (1) the hotel, if in operation, experienced at least a 40% decline in revenue during a three-month period in calendar year 2020 as compared to the corresponding period in 2019; and (2) the hotel owner or operator has a policy to offer employees who have been laid off during the COVID-19 public health emergency any same or similar positions that become available as a result of receiving a grant. All grant funds must be expended during the 270-day period beginning on the date the funds are disbursed.

If the hotel owner or operator receives loans through the Paycheck Protection Program, the grant must be reduced by the amount of such loans that are forgiven under the program, including loans received on or before enactment of this bill. For federal tax purposes, the grants are not included as part of the gross income of the hotel owner or operator.

The bill also establishes a tax credit equal to 50% of the expenses a hotel owner or operator incurs for qualified personal protective equipment (up to a maximum of $25,000).

]]> Save Hotel Jobs Act Display Title Save Hotel Jobs Act Official Title as Introduced A bill to provide assistance to the hotel industry, and for other purposes. Introduced in Senate IS Short Title(s) as Introduced Save Hotel Jobs Act Introduced in Senate IS Introduced in Senate 2021-04-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s1519is/xml/BILLS-117s1519is.xml 2021-04-29 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.