Resolution to authorize the introduction of a nonappropriation bill to amend the requirements for a digital asset mining business and amend the authority of a local government with respect to a digital asset mining business. (HR 1013, AR)

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Bill Status

Summary:

Requires crypto mining and blockchain operators to pay all applicable taxes and fees and to not cause stress on water systems. Permits local authorities: to regulate crypto mining for noise; to impose different regulations than for other data centers; and to require permits. Permits Public Service Commission to establish rates specially for crypto mining. (Preliminary authorization bill for fiscal session.)

Session:

Current

State / Federal:

Bill Number:

HR 1013

Party of sponsors/cosponsors:

R

Concerns, objectives, methods:

regulation

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