CHEERS Act of 2026

This bill changes federal tax rules so that certain draft alcohol equipment can be depreciated over 15 years. The covered equipment is stainless steel or aluminum containers or related commercial tap equipment used to distribute and sell alcohol. The equipment must be installed in a building in the United States and be mainly used to operate a restaurant, bar, or entertainment venue. The change applies to equipment placed in service after December 31, 2025, and the Treasury Department would issue rules, including for businesses that rent or lease this equipment.

Full text and official record on Congress.gov

Sponsors

• Darin LaHood Republican sponsor
• 7 cosponsors