America Dines Out Act

Bill: 116-hr-8434
Sponsor: full_name: Rep. Rice, Tom [R-SC-7]
Introduced: 2020-09-29
Policy area: Commerce
Subjects: Bank accounts, deposits, capital

Financial crises and stabilization

Food industry and services

Government lending and loan guarantees
Latest action: action_date: 2020-09-29
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2020-09-29
action_desc: Introduced in House
text: <p><b>America Dines Out Act</b></p> <p>This bill requires the Department of the Treasury to establish a Restaurant Reimbursement Program to reimburse restaurants for certain discounts provided to customers.</p> <p>This reimbursement may only be made for (1) 50% of the discount provided on food and non-alcoholic beverages, not to exceed $12 per customer per day; (2) discounts provided on a Monday, Tuesday, or Wednesday during the one-month period beginning two weeks after the bill is enacted; and (3) discounts provided to customers who dined at the restaurant's physical location.</p>

tv_txt: I 116th CONGRESS 2d Session H. R. 8434 IN THE HOUSE OF REPRESENTATIVES September 29, 2020 Mr. Rice of South Carolina introduced the following bill; which was referred to the Committee on Financial Services A BILL To require the Secretary of the Treasury to establish a Restaurant Reimbursement Program, and for other purposes.

1. Short title This Act may be cited as the America Dines Out Act . 2. Restaurant Reimbursement Program (a) In general The Secretary of the Treasury shall establish a Restaurant Reimbursement Program to make payments to restaurants in accordance with this section for portions of a bill on which the restaurant provided a discount to a customer. (b) Limitations Payments may only be made under this section— (1) for 50 percent of the discount provided to a customer on food and non-alcoholic beverages, but in an amount not to exceed $12 per customer per day; (2) for discounts provided to customers on a Monday, Tuesday, or Wednesday during the 1-month period beginning two weeks after the date of enactment of this Act; and (3) for discounts provided to customers who were dining at the physical location of the restaurant. (c) Application A restaurant that seeks to receive a payment under this section shall submit an application to the Secretary of the Treasury in such form and manner, and containing such information, as the Secretary determines appropriate. (d) Appropriation There is appropriated, out of amounts in the Treasury not otherwise appropriated, to the Secretary of the Treasury $3,400,000,000 to carry out this section.