S 4688 · 119th CongressIn Committeecongress.gov ↗

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.

Road to The Floor

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Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would change tax rules so that certain energy-efficient equipment used for making or serving draft alcohol could be written off over 15 years for tax depreciation purposes, which affects how businesses deduct the cost of that equipment over time. No official summary is available for this bill.

Introduced

June 4, 2026

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