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119-s-4688Committee
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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.

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Summary

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Based on the bill's title, this legislation would amend the Internal Revenue Code to classify qualified energy-efficient draft alcohol property as 15-year property for depreciation purposes. This would allow businesses that produce draft alcoholic beverages using energy-efficient equipment to depreciate that property over 15 years rather than a longer period, potentially reducing their taxable income over that timeframe.

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Bill details

Congress
119
Bill type
s
Introduced
June 4, 2026
Sponsor
Tim SheehyRMT
Cosponsors
1
Last action
June 4, 2026— Read twice and referred to the Committee on Finance.

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