S 8518

  • New York Senate Bill
  • 2025 Regular Session
  • Introduced in Senate
  • Senate
  • Assembly
  • Governor

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

Abstract

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.

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Oct 01, 2025

Senate

REFERRED TO RULES

  • Referral-Committee
RULES

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