What is The CHEERS Act?
The CHEERS Act (Creating Hospitality Economic Enhancement for Restaurants and Servers) is a bipartisan piece of legislation aimed at providing financial relief to the hospitality industry, particularly bars, restaurants, and venues that were hit hard by the COVID-19 pandemic. The Act focuses on promoting sustainability by encouraging the adoption of energy-efficient draft beer systems. It does this by expanding existing tax credits to cover the installation of keg and tap systems, which are environmentally friendly alternatives to single-use cans and bottles.The CHEERS Act is essential now because it addresses the decline in draft beer consumption, which dropped significantly during the pandemic. By offering these tax benefits, the Act not only helps businesses financially but also supports sustainability efforts by reducing waste through reusable kegs and taps. Additionally, the Act is designed to assist in economic recovery by ensuring that on-premise beer sales, which are vital for small and independent craft brewers, can continue to thrive
BarTrack Supports the Cheers Act
We are proud to support the Cheers Act, a legislative initiative aimed at revitalizing the hospitality and beverage industry. This act provides much-needed relief and support to bars, restaurants, and breweries that have faced unprecedented challenges over the past few years. At BarTrack, we believe in supporting legislation that helps our industry thrive. That’s why we stand behind the CHEERS Act. This legislation is vital for modernizing outdated alcohol laws, creating a more equitable environment for small businesses, and encouraging innovation in the beer and beverage industry.
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Why BarTrack Supports The CHEERS Act
Financial Relief: The Cheers Act offers financial assistance to businesses in the form of grants and loans, helping them to recover and thrive. This support is crucial for many establishments that have struggled to stay afloat.
Workforce Development: By providing funding for training and development programs, the act helps ensure that our industry workforce is skilled and ready to meet the demands of a changing market. This is essential for maintaining high service standards and operational efficiency.
Innovation and Growth: The Cheers Act encourages innovation by offering incentives for businesses to invest in new technologies and sustainable practices. At BarTrack, we believe in the power of technology to transform the industry, and we are excited about the opportunities this act creates for growth and advancement.
Community Support: The Cheers Act recognizes the vital role that bars, restaurants, and breweries play in our communities. By supporting these businesses, the act helps to preserve the vibrant social and cultural fabric of our neighborhoods.
BarTrack is committed to advocating for policies that benefit our industry and our customers. We believe that the Cheers Act is a significant step towards a brighter future for the hospitality and beverage sector. Together, we can overcome the challenges we face and continue to deliver exceptional experiences to our patrons.
Head over to www.cheersact.org to show your support!