NY S 8518
in committeeImposes an excise tax on energy used in digital asset mining using proof-of-work authentication methods
New York · 2025-2026 Regular Session · upper
Quick answers
Did NY S 8518 pass?
Not yet. NY S 8518 is in committee as of 2026-01-07 and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO ENERGY AND TELECOMMUNICATIONS
What is NY S 8518 about?
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.
Who sponsors NY S 8518?
Liz Krueger is the primary sponsor of NY S 8518, joined by 6 cosponsors.
Description
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.
- Introduced
- —
- Latest action
- 2026-01-07 — REFERRED TO ENERGY AND TELECOMMUNICATIONS
- Bill type
- bill
- Last updated
- —
Sponsors
- Liz Kruegerprimary
- Samra Broukcosponsor
- Cordell Clearecosponsor
- Patricia Fahycosponsor
- Andrew Gounardescosponsor
- Rachel Maycosponsor
- Gustavo Riveracosponsor
Committees
Not provided by source.
Action timeline
2025-10-01
REFERRED TO RULES
referral-committee
2026-01-07
REFERRED TO ENERGY AND TELECOMMUNICATIONS
referral-committee
Versions
- S8518Compare
Documents
Votes
Not provided by source.
Related bills
- Companion bill: A 9138
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z
Inspect retained evidence for changes recorded after evidence tracking began:
Use this data
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Known limitations
- Sponsor party and chamber affiliation are not yet captured by this API.
- Committee referrals are not yet captured.
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