HR 7620
Cheers act of 2026
Cheers Act of 2026
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Bill overview
The CHEERS Act of 2026 aims to help restaurants and bars by changing how they can deduct the cost of equipment used to serve draft alcohol. Specifically, the bill classifies certain energy-efficient stainless steel or aluminum containers and tap equipment as ‘15-year property’ for depreciation purposes. This means businesses can write off a larger portion of the equipment’s cost each year, providing a financial incentive to invest in energy-efficient systems.
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Primary sponsor
Cosponsors
Eleanor Holmes [D-DC-At Large] Norton
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