CHEERS Act of 2026

The CHEERS Act of 2026 allows restaurants, bars, and entertainment venues to depreciate energy-efficient draft alcohol equipment, such as stainless steel or aluminum beer taps, over a 15-year period instead of the standard schedule. This tax incentive applies to new equipment installed in U.S. businesses after December 31, 2025, aiming to encourage the adoption of more efficient alcohol distribution systems. The legislation also directs the Treasury Department to create rules covering how this benefit applies to businesses that rent or lease this specialized equipment.