Last night, the House of Representatives released the new HEROES Act that includes provisions the NYC Hospitality Alliance and so many others around the country have been advocating for to help save our restaurant and nightlife industry.
RESTAURANTS and Save Our Stages Acts
By NYC Hospitality Alliance
The key provisions for us in the new HEROES Act include the RESTAURANTS Act and Save our Stages Act, both of which provide critical financial support for our industry, as well as another round of PPP loans, expanded SBA EIDL grants, and more.
The Alliance thanks Senator Schumer who has been fighting hard with Speaker Pelosi for these polices, along with the New York Congressional delegation their important support!
It's likely the House of Representatives will schedule a vote on the Act this week. Senator Schumer will be pressing hard for the Senate to then take up this bill and pressure everyone to return to the negotiating table to get something done and help save countless small businesses and jobs that desperately need this support.
You can see the new HEROES Act here and read more about the RESTAURANTS Act on page 1713 and the Save Our Stages Act on page 707.