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NE LB526
Bill
Status
Passed
5/21/2025
Primary Sponsor
Michael Jacobson
Click for details
AI Summary
- Public power suppliers in Nebraska may require cryptocurrency mining operations (facilities of 1 megawatt or greater) to pay for infrastructure upgrades through direct payment or letters of credit
- Public power suppliers must conduct a load study to determine costs and impacts before imposing any requirements on mining operations
- Cryptocurrency mining operations must notify their local public power supplier of intent to install and comply with interconnection requirements
- Public power suppliers must publish on their websites the number of cryptocurrency mining operations in their jurisdiction and each operation's annual energy usage
- Mining operations must allow public power suppliers to interrupt their electric service according to established rate schedules and policies; law becomes operative October 1, 2025
Legislative Description
Provide powers and duties for public power districts related to cryptocurrency mining operations
Last Action
Approved by Governor on May 20, 2025
5/21/2025
Committee Referrals
Revenue1/24/2025
Full Bill Text
No bill text available