TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO REQUIRE A DIGITAL ASSET MINING BUSINESS TO PAY A FEE FOR EXTRAORDINARY ELECTRICAL ENERGY USAGE AND TO IMPLEMENT OVERSIGHT PROCEDURES.
Died in House Committee at Sine Die adjournment.
Summary
The resolution authorizes a bill that would charge any digital‑asset mining or blockchain‑using business a fee based on how much electricity it consumes above set thresholds. It also establishes reporting, auditing, and penalty provisions, and directs how the collected fees are to be divided among state agencies for monitoring and enforcement. The measure aims to offset the strain such operations place on the state’s power grid.
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