A9138 (2025-26 session)

NY State bill

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.

Title
Imposes an excise tax on energy used in digital asset mining using proof-of-work authentication methods
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Ways And Means
Introduced
2025-10-17
Same as
S8518
Law section
Tax Law

Sponsors

Co-sponsors

Heard in committee

Same as

Sources