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A bill to amend the Internal Revenue Code of 1986 to classify qualified energy-efficient draft alcohol property as 15-year property for purposes of depreciation.

6/5/2026, 12:14 PM

Summary of Bill S 4688

This bill, designated as S. 4688 in the 119th Congress and introduced on June 4, 2026, aims to amend the Internal Revenue Code of 1986 to categorize qualified energy-efficient draft alcohol property as 15-year property for depreciation purposes.

Current Status of Bill S 4688

Bill S 4688 is currently in the status of Bill Introduced since June 4, 2026. Bill S 4688 was introduced during Congress 119 and was introduced to the Senate on June 4, 2026.  Bill S 4688's most recent activity was Read twice and referred to the Committee on Finance. as of June 4, 2026

Bipartisan Support of Bill S 4688

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4688

Primary Policy Focus

Alternate Title(s) of Bill S 4688

A bill to amend the Internal Revenue Code of 1986 to classify qualified energy-efficient draft alcohol property as 15-year property for purposes of depreciation.
A bill to amend the Internal Revenue Code of 1986 to classify qualified energy-efficient draft alcohol property as 15-year property for purposes of depreciation.

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