KY SB340 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 3 2022 - 25% progression, died in committee
Action: 2022-03-07 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 3 2022 - 25% progression, died in committee
Action: 2022-03-07 - to Appropriations & Revenue (S)
Pending: Senate Appropriations and Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 154.27-010 to define "colocation facility" and "computing system node"; amend KRS 154.27-020 to provide sales tax incentives on purchase of computing system nodes; amend KRS 154.27-030 to prevent delays in processing application; allow the authority to issue preliminary and final approval at the same meeting; amend KRS 154.27-070 to allow certain incentives for colocation facilities as of the date of application once final approval is received; EFFECTIVE August 1, 2022.
Title
AN ACT relating to the commercial mining of cryptocurrency.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-07 | Senate | to Appropriations & Revenue (S) |
| 2022-03-03 | Senate | to Committee on Committees (S) |
| 2022-03-03 | Senate | introduced in Senate |
Subjects
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | https://apps.legislature.ky.gov/record/22RS/sb340.html |
| Text | https://apps.legislature.ky.gov/recorddocuments/bill/22RS/sb340/orig_bill.pdf |
