A Republican bill with 1 Democratic cosponsor · See the cosponsor
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "CHEERS Act of 2026," aims to amend the Internal Revenue Code of 1986. It seeks to classify qualified energy-efficient draft alcohol property as 15-year property for depreciation purposes. This property includes stainless steel or aluminum containers or related commercial tap equipment used for alcohol distribution and sale. To qualify, the equipment must be installed in a building located in the United States and used by a restaurant, bar, or entertainment venue. The changes apply to property placed in service after December 31, 2025.
Yes· 3 of 7
- Scored +5
Does this cut taxes for small businesses?
The bill provides tax relief through accelerated depreciation for equipment used by restaurants and bars.
- Scored +5
Does this make it easier to run a small business?
It provides direct tax benefits to businesses operating restaurants, bars, and entertainment venues.
- Scored +5
Would business owners be better off under this?
Business owners in the hospitality sector benefit from the new depreciation rules.
The opposite
- Scored -1
Does this reduce what the federal government owes?
Tax incentives and accelerated depreciation can lead to a slight decrease in immediate federal tax revenue.
Who it would affect, and how
Potential Positive Impacts for People
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Depreciation Benefits for Businesses: By classifying qualified energy-efficient draft alcohol property as 15-year property, businesses can utilize different depreciation rules (Section 2). This applies to property used in the conduct of a trade or business of operating a restaurant, bar, or entertainment venue (Section 2(b)).
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Support for Energy-Efficient Equipment: The bill specifically targets "qualified energy-efficient draft alcohol property," which consists of stainless steel or aluminum containers or related commercial tap equipment (Section 2(b)).
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Economy And Finance
- Does this make it easier to run a small business? — It provides direct tax benefits to businesses operating restaurants, bars, and entertainment venues. Does this cut taxes for small businesses? — The bill provides tax relief through accelerated depreciation for equipment used by restaurants and bars. Is this likely to grow the economy? — The bill encourages investment in the hospitality industry through tax incentives. Is this likely to create jobs? — By reducing capital costs for hospitality venues, it may indirectly support job retention or growth in the sector. Does this reduce what the federal government owes? — Tax incentives and accelerated depreciation can lead to a slight decrease in immediate federal tax revenue.
- Demographic And Interest Groups
- Would business owners be better off under this? — Business owners in the hospitality sector benefit from the new depreciation rules.
- Environment Energy And Infrastructure
- Does this cut the pollution that drives climate change? — By incentivizing energy-efficient equipment, the bill may contribute to lower carbon footprints for hospitality venues. Does this better protect air, water and wildlife? — The bill encourages the use of energy-efficient technology.
- 6/4/2026
- Read twice and referred to the Committee on Finance.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Maggie HassanDemocrat · New Hampshire