,,ii  #aaith ,,congress  #b;d ,session  
,s4 #dfhh  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #d1      
#bjbf,mr4 ,sheehy 7for himself and ,ms4 
,hassan7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,finance  ,a ,,bill  ,to 
amend the ,internal ,revenue ,code of   
#aihf to classify qualified             
energy-efficient draft alcohol property 
as #ae-year property for purposes of    
depreciation4  #a4 ,short title ,this   
,act may be cited as the ,creating      
,hospitality ,economic ,enhancement for 
,restaurants and ,servers ,act of #bjbf 
or the ,,cheers ,act of #bjbf4  #b4     
,classification of qualified            
energy-efficient draft alcohol property 
as #ae-year property for purposes of    
depreciation  7a7 ,classification as    
#ae-,year property ,section             
#afh7;e77#c77;,e7 of the ,internal      
,revenue ,code of #aihf is amended by   
striking and at the end of clause 7vi71 
by striking the period at the end of    

clause 7vii7 and inserting 1 and1 and by
 adding at the end the following new    
clause3  7viii7 any qualified           
energy-efficient draft alcohol property4
  4  7b7  ,definition of qualified      
energy-,efficient draft alcohol property
  ,section #afh7;i7 of such ,code is    
amended by adding at the end the        
following new paragraph3  7#bj7         
,qualified energy-efficient draft       
alcohol property  ,the term qualified   
energy-efficient draft alcohol property 
means any property--  7,a7 which is     
installed on or in any building which is
 located in the ,united ,states1  7,b7  
which is principally used in the conduct
 of a trade or business of operating a  
restaurant1 bar1 or entertainment venue1
 and  7,c7 which is a stainless steel or
 aluminum container or related          
commercial tap equipment used for the   
distribution and sale of alcohol4  4    
7c7 ,effective date ,the amendments made
 by subsections 7a7 and 7b7 shall apply 
to property placed in service after     

,december #ca1 #bjbe4  7d7 ,regulatory  
authority ,the ,secretary of the        
,treasury shall prescribe such          
regulations or other guidance as may be 
necessary or appropriate to carry out   
the purposes of the amendments made by  
subsections 7a7 and 7b71 including to   
provide for the appropriate application 
of section #afh of the ,internal        
,revenue ,code of #aihf with respect to 
taxpayers who rent or lease qualified   
energy-efficient draft alcohol property 
7as defined in section #afh7;i77#bj7 of 
the ,internal ,revenue ,code of #aihf74