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CHEERS Act of 2026

H.R. 7620 · House bill · Introduced Feb. 20, 2026

The CHEERS Act of 2026 would let restaurants, bars, and entertainment venues deduct qualifying draft alcohol equipment costs over 15 years for tax purposes.

What stands out

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These are patterns in public records, not proof that money changed a vote. The same rules apply to every member. How we decide

At a glance

Who it affects

  • Restaurant operators
  • Bar operators
  • Entertainment venue operators
  • Taxpayers renting or leasing qualifying equipment

Where it stands

In committee

Lobbying and money

No lobbying reported yet

Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.

What it would do

Written with AI from the official bill text, because no CRS summary is available. Read the bill text ↗

How South Carolina voted

No recorded roll-call vote on this bill yet.

Groups that lobbied on it and gave to SC's members

PAC, lobbyist campaign and qualifying employee money this election, shown separately and never added together. Lobbying reports name the bills a group worked on, not which side it took.

No lobbying reported yet. Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.

Official record

Official title, sponsor and status
Official title
To amend the Internal Revenue Code of 1986 to classify qualified energy-efficient draft alcohol property as 15-year property for purposes of depreciation.
Sponsor
Rep. LaHood, Darin (R-IL)
Introduced
Feb. 20, 2026
Cosponsors
7
Committees
House Ways and Means Committee
Latest action
Feb. 20, 2026 · Referred to the House Committee on Ways and Means.
Congress.gov ↗
Official summary from the Congressional Research Service

Congress hasn't published an official summary.

Summary on Congress.gov ↗
Everyone who lobbied on this bill (0 groups)

No lobbying report we have loaded names this bill. That doesn't mean no lobbying took place.

Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published. Reports for October through December 2026 are due January 20, 2027.