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To amend the Internal Revenue Code of 1986 to classify qualified energy-efficient draft alcohol property as 15-year property for purposes of depreciation.
Summary
This bill amends the tax code to allow restaurants, bars, and entertainment venues to depreciate energy-efficient draft alcohol distribution equipment (such as stainless steel or aluminum containers and commercial tap equipment) over 15 years for tax purposes. The change allows businesses to claim larger annual tax deductions for these capital expenditures, reducing their taxable income over the depreciation period. The provision applies to equipment installed after December 31, 2025. The Treasury Secretary is authorized to issue regulations on how the depreciation rules apply to businesses that lease rather than own the equipment.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. LaHood, Darin [R-IL-16] (R-IL)
5 cosponsors
Money behind the sponsor
Top reported contributors to Darin Lahood’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- SPRINGFIELD ARMORY $25,000
- NULL $24,450
- MARQUIS MANAGEMENT, INC. $23,100
- BGR GROUP $14,700
- ULINE $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Darin Lahood → · Outside spending →
Actions (2)
- Feb 20, 2026 Referred to the House Committee on Ways and Means. · house
- Feb 20, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
February 20, 2026
Mr. LaHood (for himself, Mr. Horsford, Ms. Tenney, and Ms. DelBene) introduced the following bill; which was referred to the Committee on Ways and Means
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”.
SEC. 2. CLASSIFICATION OF QUALIFIED ENERGY-EFFICIENT DRAFT ALCOHOL PROPERTY AS 15-YEAR PROPERTY FOR PURPOSES OF DEPRECIATION.
(a) Classification as 15-year Property.—Section 168(e)(3)(E) of the Internal Revenue Code of 1986 is amended by striking “and” at the end of clause (vi), by striking the period at the end of clause (vii) and inserting “, and”, and by adding at the end the following new clause:
“(viii) any qualified energy-efficient draft alcohol property.”.
(b) Definition of Qualified Energy-efficient Draft Alcohol Property.—Section 168(i) of such Code is amended by adding at the end the following new paragraph:
“(20) Qualified energy-efficient draft alcohol property.— The term ‘qualified energy-efficient draft alcohol property’ means any property—
“(A) which is installed on or in any building which is located in the United States,
“(B) which is principally used in the conduct of a trade or business of operating a restaurant, bar, or entertainment venue, and
“(C) which is a stainless steel or aluminum container or related commercial tap equipment used for the distribution and sale of alcohol.”.
(c) Effective Date.—The amendments made by subsections (a) and (b) shall apply to property placed in service after December 31, 2025.
(d) Regulatory Authority.—The Secretary of the Treasury shall prescribe such regulations or other guidance as may be necessary or appropriate to carry out the purposes of the amendments made by subsections (a) and (b), including to provide for the appropriate application of section 168 of the Internal Revenue Code of 1986 with respect to taxpayers who rent or lease qualified energy-efficient draft alcohol property (as defined in section 168(i)(20) of the Internal Revenue Code of 1986). <all>
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