Pouring Potential | Examining the CHEERS Act

April 1, 2024 | Julie Rhodes

Earlier this month, two US Congressmen introduced H.R. 7577, the Creating Hospitality Economic Enhancement for Restaurants and Servers (CHEERS) Act, designed to invigorate and further support local hospitality businesses, like bars, restaurants and entertainment venues, by providing tax incentives to organizations that invest in upgrades for their draft beer systems. The bipartisan legislation aims to revitalize the On-Premise community by providing financial breaks for small businesses still hurting from shutdowns in 2020 and slogging through current economic conditions.

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