S. 4688 — CHEERS Act of 2026

This section classifies qualified energy-efficient draft alcohol property as 15-year property for depreciation under section 168. The term covers stainless steel or aluminum containers and related commercial tap equipment installed in a U.S. building and used principally in the trade or business of operating a restaurant, bar, or entertainment venue. The classification applies to property placed in service after December 31, 2025.