Loading chat...
NC S774
Bill
Status
4/29/2024
Primary Sponsor
Timothy Moffitt
Click for details
AI Summary
-
Amends Chapter 160D of the North Carolina General Statutes to allow local governments in Henderson, Polk, and Rutherford Counties to prohibit or regulate cryptocurrency mining through ordinance in any zoning district.
-
Defines "cryptocurrency mining" as operation of specialized computer equipment for the primary purpose of mining one or more blockchain-based cryptocurrencies, typically involving algorithm solving for blockchain development and maintenance.
-
Applies exclusively to Henderson, Polk, and Rutherford Counties and any municipalities located within these counties.
-
Becomes effective upon enactment.
Legislative Description
Prohibit Crypto-Mining as Authorized Use
Commerce; Counties; Industrial Location; Investments; Local; Local Government; Manufacturing; Planning & Zoning; Property; Hende
Last Action
Ref To Com On Rules and Operations of the Senate
4/30/2024