Restaurant Relief Act

12/29/2022, 4:48 PM

Restaurant Relief Act

This bill provides support for restaurants and other businesses impacted by the COVID-19 pandemic and extends the moratorium on the implementation of a Department of Health and Human Services rule related to prescription drug pricing.

Specifically, the bill provides additional funding for the Small Business Administration (SBA) to provide grants to support the ongoing operations of eligible restaurants and similar establishments. The SBA must report weekly and biweekly information about grant applications, awards, and denials.

The bill also establishes procedures for the SBA to implement and provide administrative support for these grant programs. The SBA must institute an oversight and audit plan to review the use of grants under these programs. The funds provided to the SBA by the bill are designated as an emergency requirement, which exempts the funds from discretionary spending limits and other budget enforcement rules.

Finally, the bill extends until January 1, 2028, the moratorium on the implementation of the rule revising certain safe harbor protections for prescription drug discounts, drug pricing, and pharmacy benefit manager service fees.

Congress
117

Number
S - 4282

Introduced on
2022-05-19

# Amendments
0

Sponsors
+5

Variations and Revisions

5/19/2022

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Restaurant Relief Act

This bill provides support for restaurants and other businesses impacted by the COVID-19 pandemic and extends the moratorium on the implementation of a Department of Health and Human Services rule related to prescription drug pricing.

Specifically, the bill provides additional funding for the Small Business Administration (SBA) to provide grants to support the ongoing operations of eligible restaurants and similar establishments. The SBA must report weekly and biweekly information about grant applications, awards, and denials.

The bill also establishes procedures for the SBA to implement and provide administrative support for these grant programs. The SBA must institute an oversight and audit plan to review the use of grants under these programs. The funds provided to the SBA by the bill are designated as an emergency requirement, which exempts the funds from discretionary spending limits and other budget enforcement rules.

Finally, the bill extends until January 1, 2028, the moratorium on the implementation of the rule revising certain safe harbor protections for prescription drug discounts, drug pricing, and pharmacy benefit manager service fees.

Alternative Names
Official Title as IntroducedA bill to provide COVID relief for restaurants, and for other purposes.

Policy Areas
Commerce

Potential Impact
Accounting and auditing
Administrative law and regulatory procedures
Appropriations
Business expenses
Cardiovascular and respiratory health
Congressional oversight
Department of Health and Human Services
Emergency medical services and trauma care
Food industry and services
Fraud offenses and financial crimes
Government information and archives
Government studies and investigations
Government trust funds
Health care costs and insurance
Infectious and parasitic diseases
Medicaid
Medicare
Prescription drugs
Wages and earnings

Comments

Recent Activity

Latest Summary6/27/2022

Restaurant Relief Act

This bill provides support for restaurants and other businesses impacted by the COVID-19 pandemic and extends the moratorium on the implementation of a Department of Health and Human Services rule rel...


Latest Action5/19/2022
Read twice and referred to the Committee on Small Business and Entrepreneurship.