· NY legislature · 2025-2026

Imposes an excise tax on energy used in digital asset mining using proof-of-work authentication methods

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

Liz Krueger (D-NY)

Introduced

2025-10-01

Latest action

REFERRED TO ENERGY AND TELECOMMUNICATIONS