Thursday, March 21, 2024

Cheers to the CHEERS Act! 🍻

If today's dysfunctionally fractured Congress can agree on anything on a bipartisan basis, it must be a good idea.

Raise your glass to the Creating Hospitality Economic Enhancement for Restaurants and Servers (CHEERS) Act, which Reps. Darin LaHood (R) and Steven Horsford (D) recently introduced.

The CHEERS Act would provide tax incentives for bars, restaurants and entertainment venues to install energy-efficient keg and tap systems. The goal is to help stabilize and revitalize hospitality establishments, which are still struggling years after the pandemic.

Bob Pease, president and CEO of the Brewers Association, explains the BA's strong support for this legislation: 

"Small and independent craft brewers know all too well the impacts of the pandemic on the hospitality industry. With 30% of all draught beer sold produced by craft brewers, restaurants, bars, and retail partners are integral parts of the brewing community, and healthy on-premise business and draught service are crucial to the overall health of small and independent craft brewers."

There is no doubt it's been a rough four years for the craft beer industry, and hospitality as a whole. Anything that can help provide some relief for these businesses is an idea worth supporting. So I say cheers to the CHEERS Act. 🍻