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Senate bill · S. 4688 (119th Congress)

CHEERS Act of 2026

U.S. Senate

Latest action Jun 4, 2026

Sponsor: Tim Sheehy (U.S. Senator for Montana, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

This bill amends the tax code to classify qualified energy-efficient draft alcohol property as 15-year property for purposes of depreciation.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Senate Committee on Finance · U.S. Senate

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Cosponsors

1

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic1

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As identified by Congress.gov.

Full history

  1. Jun 4, 2026

    Introduced

    Introduced in U.S. Senate

    U.S. Senate

  2. Jun 4, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance.

  3. Jun 4, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance.

  4. Jun 4, 2026

    Referred to committee

    Read twice and referred to the Committee on Finance.

Read the record