S 8518 NY
Imposes an excise tax on energy used in digital asset mining using proof-of-work authentication methods
A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →
Summary
Imposes an excise tax on any taxpayer engaged in the trade or business of digital asset mining; provides that taxes, interest, and penalties collected or received from such taxes shall be used for prompt assistance to utility customers enrolled in energy affordability programs.
Sponsor (1)
- Liz Krueger Democratic · primary
6 coauthors / cosponsors
- Samra Brouk Democratic · cosponsor
- Cordell Cleare Democratic · cosponsor
- Patricia Fahy Democratic · cosponsor
- Andrew Gounardes Democratic · cosponsor
- Rachel May Democratic · cosponsor
- Gustavo Rivera Democratic · cosponsor
Action history (2)
- Oct 1, 2025 REFERRED TO RULES · upper
- Jan 7, 2026 REFERRED TO ENERGY AND TELECOMMUNICATIONS · upper
Full text
The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.
Comments
Data from OpenStates. View on OpenStates →
Comments