The recently signed One Big Beautiful Bill Act, an omnibus tax package championed by President Donald Trump and enacted on July 4, is poised to deliver significant benefits to the U.S. foodservice industry, according to the National Restaurant Association (NRA).
“The bill’s pro-growth tax policies will make it easier to launch new restaurants and support continued reinvestment and modernization,” said NRA President and CEO Michelle Korsmo. “It positions the industry for long-term innovation, job creation, and economic growth while helping operators adapt to changing consumer expectations.”
Key provisions include full expensing of capital equipment purchases, enabling restaurant owners to upgrade kitchens, refurbish dining areas, or invest in new technology—without compromising on payroll or operating costs.
The legislation also preserves the 20% Qualified Business Income (QBI) deduction for pass-through entities, effectively lowering the top tax rate for many restaurant operators from 37% to 29.6%. The NRA notes this measure brings smaller operators closer to tax parity with larger corporations, creating a more competitive landscape across the industry.