The new proposal is released!Small restaurants in the United States are expected to receive another 1200 billion US dollars in rescue?

Catering boss must read the blue words above

After more than four months, Congress finally decided to restart negotiationsThe new federal economic relief program.Yesterday, Democrats in the House of Representatives proposed a new version of the Heroes Act, HEROES ACT, which aims to provide the next round of economic stimulus measures and additional unemployment benefits.For catering people across the United States, the proposal also includes an additional $1200 billion in aid for restaurants, bars and Food Truck.

The project was originally proposed by Congressman Earl Blumenauer (D-OR) in June.Designed for independent catering businesses, Does not include chain restaurants and franchise restaurants.If it passes successfully, it will pay employees' salaries, rent, supplies and PPE for the independent catering business.The restaurant can also apply to provide employees with 10 days of paid sick leave.Most importantly, unlike PPP loans, restaurants do not need to repay the money.

In the proposal, priority will be given to granting assistance to qualified entities owned and operated by women and minorities in the first 14 days, and priority will be given to restaurants with an annual income of less than US$150 million. saveThe grant amount will be determined based on the difference between the restaurant's 2019 revenue and the estimated revenue for each quarter in 2020.

Image source Forbes

The Independent Restaurant Alliance said in a statement that the proposalIt is the best plan proposed by Congress to protect the livelihoods of 1100 million people employed by independent restaurants nationwide."With the advent of winter, independent restaurants that insist on operating will face greater survival challenges.Congress must seize this opportunity to provide the needed relief to restaurants."CongressmanBlumenauerSaid in a statement.

In this new proposal,Hero ActHHEROS ACTIt will also include the second round of PPP loans.Previously, many catering owners found that the first round of PPP loans was difficult to apply for, used in confusion, and could not meet the actual operational needs of the catering business.

Image credit Boston Chefs

At present, the distance of the proposal has become a reality, and it still needs to be voted by both houses of the US Senate.althoughHEROES ACTFrom the proposal to the formal adoption, adjustments will definitely be made.We look forward to the catering industry across the United States waiting for good news to welcome the cold winter.Follow us and learn about the policy support of the North American catering industry for the first time!

Reference:

https://www.eater.com/2020/9/29/21493769/what-the-heroes-act-would-mean-for-restaurants-explained

https://www.forbes.com/sites/shaharziv/2020/09/28/stimulus-update-22-trillion-stimulus-package-proposal-unveiled-includes-1200-stimulus-checks-and-600-unemployment-benefits/#712c75355b21

About "North American Meal Exam News"

"North American Meal Exam News" is the sister number of the North American head gastronomy new media "Eating Food Team". It aims to serve North American Chinese food and beverage practitioners and is committed to building a professional service platform for the North American food and beverage industry. We hope to promote the two-way exchange of Chinese and American catering culture, support Chinese food to go overseas, and serve overseas brands in China.

Light up and see, cheer for the nation's catering industry

The new proposal is released!Small restaurants in the United States are expected to receive another 1200 billion US dollars in rescue?

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