What is the current status of HR 7620?

HR 7620 is currently: Introduced.

Who sponsored HR 7620?

HR 7620 was sponsored by Darin LaHood (R), Rep.

Tax Break for Energy-Efficient Bars

IntroducedFebruary 20, 2026

Introduced8 months ago

Intro

House

Senate

Pres

Referred to the House Committee on Ways and Means.

Taxation

Why This Matters

This bill helps restaurants and bars by allowing them to write off the cost of energy-efficient alcohol equipment more quickly on their taxes. This change encourages businesses to invest in eco-friendly options.

If you own a bar or restaurant, you could save money on taxes by upgrading to energy-efficient equipment.

Who this affects

Restaurants · Bars · Entertainment venues

What changes is this bill making?

1This bill allows certain energy-efficient alcohol equipment to be classified as 15-year property for tax purposes.
2It applies to stainless steel or aluminum containers and tap equipment used in restaurants, bars, or entertainment venues.
3Businesses can recover costs of this equipment over 15 years instead of a longer period.
4The changes apply to equipment installed after December 31, 2025.
5The Secretary of the Treasury will provide guidelines for how this applies to rented equipment.

Read full document

Last changed 4 months ago · checked hourly

Tax Break for Energy-Efficient Bars

IntroducedFebruary 20, 2026

Introduced8 months ago

Intro

House

Senate

Pres

Referred to the House Committee on Ways and Means.

Taxation

Why This Matters

If you own a bar or restaurant, you could save money on taxes by upgrading to energy-efficient equipment.

Who this affects

Restaurants · Bars · Entertainment venues

What changes is this bill making?

1This bill allows certain energy-efficient alcohol equipment to be classified as 15-year property for tax purposes.
2It applies to stainless steel or aluminum containers and tap equipment used in restaurants, bars, or entertainment venues.
3Businesses can recover costs of this equipment over 15 years instead of a longer period.
4The changes apply to equipment installed after December 31, 2025.
5The Secretary of the Treasury will provide guidelines for how this applies to rented equipment.

Read full document

Last changed 4 months ago · checked hourly