arrow_back Back to App

Tax Deductions for Energy-Efficient Kegs in Restaurants and Bars

This act amends tax laws to allow restaurants, bars, and entertainment venues to claim tax deductions for investing in energy-efficient kegs and related beverage dispensing equipment. The goal is to support hospitality businesses and encourage the use of more environmentally friendly solutions, potentially leading to lower operating costs for entrepreneurs.
Key points
Hospitality businesses (restaurants, bars, entertainment venues) will be able to deduct the cost of purchasing energy-efficient stainless steel or aluminum kegs and related commercial tap equipment.
This change aims to reduce operating costs for these businesses, potentially impacting consumer prices and industry growth.
The new provisions will apply to property placed in service after the act's enactment date.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_7577
Sponsor: Rep. LaHood, Darin [R-IL-16]
Process start date: 2024-03-07
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

CHEERS Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7577.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-03-07.

What are the main provisions?

Key points include:

  • Hospitality businesses (restaurants, bars, entertainment venues) will be able to deduct the cost of purchasing energy-efficient stainless steel or aluminum kegs and related commercial tap equipment.
  • This change aims to reduce operating costs for these businesses, potentially impacting consumer prices and industry growth.
  • The new provisions will apply to property placed in service after the act's enactment date.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. LaHood, Darin [R-IL-16].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Taxes Economy