CHEERS Act of 2026

This bill would change federal tax law so that certain draft alcohol equipment can be depreciated over 15 years. The covered equipment is stainless steel or aluminum containers and commercial tap equipment used to distribute and sell alcohol. The equipment must be installed in a U.S. building and mainly used to operate a restaurant, bar, or entertainment venue. The change would apply 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

• Tim Sheehy Republican sponsor
• 1 cosponsors