Your support is crucial for advancing the CHEERS Act and helping the hospitality industry; click below to take action:
THE CHEERS ACT
As restaurants, bars and venues continue to face high inflation, supply chain issues, and other logistical challenges, a large coalition of related industries is advocating for federal economic recovery through the CHEERS Act: Creating Hospitality Economic Enhancement for Restaurants and Servers (H.R.7620, S.4688).
The CHEERS Act not only encourages hospitality establishments to serve draft beverages in a sustainable, reusable way but also allows bars, restaurants and venues to invest more resources into their employees and hire more servers. This crucial legislation will provide your favorite local businesses with the capital and workforce to stay afloat amid an uncertain economic climate.
This bill allow restaurants, bars and entertainment venues to depreciate sustainable draft systems over 15 years and reduce their taxable income and tax liabilities, incentivizing the use of draft lines and keg equipment.
This bipartisan legislation proposes a straightforward tax incentive to promote the use of kegs – encouraging consumers to enjoy a beer in the freshest, most energy-efficient manner possible while supporting bars and restaurants.
The CHEERS Act
ENJOYS BIPARTISAN SUPPORT
SUPPORTS SUSTAINABILITY
PROVIDES RELIEF TO RETAILERS
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The CHEERS Act is a bipartisan initiative to alleviate some of the financial strain on our hospitality sector, including taprooms, restaurants, bars and venues by encouraging the adoption of energy-efficient draft beer systems and ultimately supports these businesses and their employees.
This bill allow restaurants, bars and entertainment venues to depreciate sustainable draft systems over 15 years and reduce their taxable income and tax liabilities, incentivizing the use of draft lines and keg equipment.
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Local businesses drive local jobs and create economic growth--but they continue to battle rising costs and supply chain shortages.
Meanwhile, draft beer sales remain down 22% since 2019, adding to the struggles of retailers.
The CHEERS Act would deliver much-needed tax relief to these businesses, while incentivizing more environmentally conscious consumption and encouraging them to reinvest in their community.
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Unlike single-use products like aluminum cans and glass bottles, kegs and tap lines can be reused over an extended period of time. This allows beer retailers like bars, restaurants, and entertainment venues to cut down on waste.
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Kegs have a 30+ year lifespan and allow establishments to serve fresh pints while producing minimal waste. Steel kegs save more than 400,000 metric tons of greenhouse gas emissions each year and keep roughly 500,000 tons of packaging out of landfills each year.
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There are more than 190,000 draft locations in the United States. These include your favorite bars, restaurants, stadiums, music venues and more!
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There are more than 16 million Americans working in thousands of hospitality businesses of all sizes.
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