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United States · Bill · HR

H.R. 7577 (118th)

CHEERS Act

referredUnited States· United States Congress· EN

Introduced

7 March 2024

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

19 December 2024

Summary

Creating Hospitality Economic Enhancement for Restaurants and Servers Act or the CHEERS Act This bill treats qualified energy-efficient draft property (energy efficient kegs) as energy efficient commercial building property for purposes of the tax deduction for energy efficient commercial buildings. It defines qualified energy-efficient draft property as property that is principally used in the trade or business of operating a restaurant, bar, or entertainment venue, and that is a stainless steel or aluminum container or related commercial tap equipment used to distribute or sell alcohol.

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Documents

3 official files

Introduced in House (text)

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