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CHEERS Act of 2026 Legislation by Sen. Sheehy Analyzed

Bill Intros-Senate
Copyright © Targeted News Service, 2026
2026-06-16
Bailey Malota

WASHINGTON, June 16 -- The CHEERS Act of 2026, originally introduced by Sen. Tim Sheehy, R-Montana, on June 4, 2026, has been analyzed by the Congressional Research Service. This legislation aims to amend the Internal Revenue Code to designate qualified energy-efficient draft alcohol property as 15-year property for depreciation purposes.

This classification is intended to encourage restaurants, bars, and entertainment venues to invest in energy-efficient infrastructure that meets m . . .

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