House Bill 7577 - CHEERS Act

Purpose and Summary

Chamber: House

Introduced date: 2024-03-07

Recent Activity

Referred to the House Committee on Ways and Means.

Alternative Names

CHEERS Act

To amend the Internal Revenue Code of 1986 to treat energy efficient kegs as efficient commercial building property for purposes of the energy efficient commercial buildings deduction.

CHEERS Act

Creating Hospitality Economic Enhancement for Restaurants and Servers Act

Associated Legislation

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Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Rep. LaHood, Darin [R-IL-16]

Cosponsors and Supporters

Rep. Horsford, Steven [D-NV-4]

Committees and Subcommittees

Ways and Means Committee

Variations and Revisions

CHEERS Act

4/4/2024, 12:00 PM

Creating Hospitality Economic Enhancement for Restaurants and Servers Act or the CHEERS Act

This bill treats qualified energy-efficient draft property (energy efficient kegs) as energy efficient commercial building prope...

Congress
118

Number
HR - 7577

Introduced on
2024-03-07

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/7/2024

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Creating Hospitality Economic Enhancement for Restaurants and Servers Act or the CHEERS Act

This bill treats qualified energy-efficient draft property (energy efficient kegs) as energy efficient commercial building prope...

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to treat energy efficient kegs as efficient commercial building property for purposes of the energy efficient commercial buildings deduction.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary4/4/2024

Creating Hospitality Economic Enhancement for Restaurants and Servers Act or the CHEERS Act

This bill treats qualified energy-efficient draft property (energy efficient kegs) as energy efficient commercial building prope...


Latest Action3/7/2024
Referred to the House Committee on Ways and Means.