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NE LB526

Bill

Status

Passed

5/21/2025

Primary Sponsor

Michael Jacobson

Click for details

Origin

Legislature

109th Legislature

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