Introduced
S. 4688
Introduced in Senate · June 16, 2026June 4, 2026
Mr. Sheehy (for himself and Ms. Hassan) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to classify qualified energy-efficient draft alcohol property as 15-year property for purposes of depreciation.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Creating Hospitality Economic Enhancement for Restaurants and Servers Act of 2026” or the “CHEERS Act of 2026”.