CHEERS Act

This bill lets restaurants, bars, and entertainment venues get an energy-saving building tax write-off when they buy energy‑efficient draft systems—like stainless steel or aluminum kegs and the commercial tap equipment used to serve alcohol. In short, these items would count the same as other energy‑efficient building upgrades for tax purposes. The IRS would also issue rules to cover cases where this equipment is rented or leased.

Key points:

• Who is affected: Restaurants, bars, entertainment venues, and businesses that rent or lease draft equipment.
• What changes: Energy‑efficient kegs and related tap gear qualify for the energy‑efficient commercial buildings deduction (a bigger tax deduction for energy‑saving upgrades).
• What equipment: Stainless steel or aluminum containers and related commercial tap systems used to distribute and sell alcohol.
• When: Applies to equipment placed in service after December 31, 2024.