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Senate committee advances bill offering tax breaks for long-running diners
Summary
The Senate Economic Growth Committee amended and released S2165, the "Saving Our Diners and Preserving Our Past Act," creating a registry and yearly tax benefits for restaurants in continuous operation at least 25 years, including sales-tax exemption for on-premise food and a tax credit up to $25,000.
Chairwoman Cruz Perez's Senate Economic Growth Committee on Monday amended and released Senate Bill 2165, known as the Saving Our Diners and Preserving Our Past Act, a measure sponsors say would help preserve long-standing diners and family restaurants.
Sponsor Sen. Maiori said the legislation would do three things: exempt qualifying restaurants from sales tax on food and beverage consumed on…
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