May 12, 2022 CFSI Staff

Vote on Re-Upping RRF Expected Next Week

Senate Majority Leader Chuck Schumer (D-N.Y.) is expected to schedule a vote for next week on replenishing the Restaurant Revitalization Fund (RRF), the grant program that left 177,000 restaurant applicants without aid after distributing $28.6 billion in three weeks.

The bill, backed by the powerful Sens. Ben Cardin (D-Md.) and Roger Wicker (R-Miss.), would allocate an additional $40 billion in funding specifically for restaurants, with another $8 billion earmarked for other businesses that were hit particularly hard by the pandemic. Those other enterprises include gyms and minor-league sports teams…

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