| Last Action | 03/07/22: to Appropriations & Revenue (S) |
|---|---|
| Title | AN ACT relating to the commercial mining of cryptocurrency. |
| Bill Documents | Introduced |
| Bill Request Number | 2058 |
| Sponsor | B. Smith |
| Summary of Original Version | 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. |
| Index Headings of Original Version |
Economic Development - Incentives for energy-related business, colocation facilities Effective Dates, Delayed - August 1, 2022 State Agencies - Department of Revenue, incentives for energy-related business program State Agencies - Economic Development, incentives for energy-related business program Taxation - Sales and use tax, incentives for energy-related business program Taxation, Sales and Use - Incentives for energy-related business program, colocation facility, exemption |
| 03/03/22 |
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| 03/07/22 |
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Last updated: 2/8/2023 2:57 PM (EST)