New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 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.
| Date | Event | Detail |
|---|---|---|
| 2025-10-17 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |