Establishes that any grants received from the federal Restaurant Revitalization Fund (RRF) by an eligible business pursuant to the American Rescue Plan Act of 2021 shall not be subject to state general excise tax. Requires any state general excise tax paid by eligible businesses for RRF grants to be refunded to the tax payer. Applicable to taxable years beginning after 3/11/2021.
- Chamber
- House
- Introduced
- Jan 21, 2025
- Last action
- Jan 21, 2025 — Pending introduction.
- Session
- 2026
- Momentum
- 28 · Low