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ND HB1239

Bill

Status

Introduced

1/13/2025

Primary Sponsor

Nathan Toman

Click for details

Origin

House of Representatives

69th Legislative Assembly

AI Summary

  • Individuals may conduct digital asset mining in residential zones if they comply with local noise ordinances; counties, cities, and townships cannot impose restrictions on mining businesses in commercial zones that are stricter than those applied to other businesses

  • "Digital asset mining business" is defined as operations drawing more than one megawatt of power in the state; zoning changes affecting these businesses require notice and opportunity for comment, with appeal rights to district court

  • State and local governing authorities are prohibited from accepting, requiring, or testing central bank digital currency (CBDC) issued by the Federal Reserve or federal agencies

  • Government entities cannot prohibit individuals or businesses from accepting digital assets (including cryptocurrencies, stablecoins, and NFTs) as payment for legal goods and services

  • Persons are expressly permitted to operate blockchain nodes, develop blockchain software, and participate in staking without government restriction

Legislative Description

Blockchain technology and protection for digital asset mining.

Last Action

Second reading, failed to pass, yeas 14 nays 75

2/17/2025

Committee Referrals

Industry, Business and Labor1/13/2025

Full Bill Text

No bill text available