3.0.0 477 2023-03-08T20:12:35Z 2023-03-08T20:12:35Z Senate S 2021-02-25 117 ssfi00 Finance Committee Senate Standing Referred to 2021-02-25T19:40:54Z Hospitality and Commerce Job Recovery Act of 2021 117 1346 HR 2021-02-25 Referred to the House Committee on Ways and Means. Identical bill CRS Service Worker Economic Stabilization Act 117 9231 HR 2022-10-25 Referred to the House Committee on Ways and Means. Related bill CRS 2021-02-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-02-25 Introduced in Senate IntroReferral 10000 9 Library of Congress C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV N C001096 Sen. Cramer, Kevin [R-ND] Kevin Cramer R ND 2021-02-25 True C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2021-04-13 False C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2021-05-24 False R000608 Sen. Rosen, Jacky [D-NV] Jacklyn Rosen D NV 2021-05-24 False H001079 Sen. Hyde-Smith, Cindy [R-MS] Cindy Hyde-Smith R MS 2021-05-24 False L000570 Sen. Lujan, Ben Ray [D-NM] Ben Lujan D NM R. 2021-05-24 False M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2021-06-08 False P000595 Sen. Peters, Gary C. [D-MI] Gary Peters D MI 2021-11-02 False Taxation Business expenses Cardiovascular and respiratory health Emergency medical services and trauma care Employment taxes Food industry and services Food supply, safety, and labeling Income tax credits Income tax deductions Infectious and parasitic diseases Manufacturing Marketing and advertising Museums, exhibitions, cultural centers Tax-exempt organizations Transportation costs Travel and tourism Wages and earnings Worker safety and health Taxation 00 2021-02-25 Introduced in Senate 2021-05-03T20:22:06Z Hospitality and Commerce Job Recovery Act of 2021

This bill extends existing and establishes new tax credits that assist the hospitality and restaurant industry. Specifically, it

  • allows a conventionand trade show restart tax credit;
  • extends the employee retention tax credit through 2021;
  • suspends for taxable years 2021 through 2022, the limitation on entertainment expenses related to a trade or business,
  • allows a restaurant and dining restart credit for businesses closed or forced to reduce services due to COVID-19 (i.e., coronavirus disease 2019);
  • allows a 50% tax credit for travel expenditures; and
  • allows a tax credit for unmerchantable inventory for the period between December 31, 2019, and before April 1, 2021.
]]> Hospitality and Commerce Job Recovery Act of 2021 Display Title Hospitality and Commerce Job Recovery Act of 2021 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to create a refundable tax credit for travel expenditures, and for other purposes. Introduced in Senate IS Short Title(s) as Introduced Hospitality and Commerce Job Recovery Act of 2021 Introduced in Senate IS Introduced in Senate 2021-02-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s477is/xml/BILLS-117s477is.xml 2021-02-25 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.