S 3594
Provides temporary deduction for food and beverage establishments from certain sales and use tax remittances.
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- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill provides a temporary tax deduction for food and beverage establishments, such as restaurants, breweries, and mobile food vendors, from their sales and use tax remittances. Eligible businesses can deduct up to $70,000 in collected taxes per month from eligible business locations, with limits on the number of locations they can claim the deduction for. The deduction is available for a four-month period starting after the bill’s enactment. This aims to provide temporary relief to these businesses.
Sponsors
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Primary sponsor
Anthony Bucco
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