SR 8 — TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO REQUIRE A DIGITAL ASSET MINING BUSINESS TO PAY A FEE FOR EXTRAORDINARY ELECTRICAL ENERGY USAGE AND TO IMPLEMENT OVERSIGHT PROCEDURES.
Last action — Died in Senate at Sine Die adjournment.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced April 06, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
- SR 8 View text Current pdf
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill requires digital asset mining businesses to pay an annual fee for extraordinary electrical energy usage and establishes oversight and monitoring procedures.
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14-1-607
Digital asset mining business — Extraordinary electrical energy usage fee — Oversight and monitoring procedures.
Introduces a new section outlining fees for digital asset mining businesses regarding their electrical energy usage.
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14-1-607(a)
A digital asset mining business or business utilizing a blockchain network that is in operation as of the effective date of this act shall pay a fee to the Department of Energy and Environment on an annual basis for each instance of extraordinary electrical energy usage generated during the preceding calendar year according to the following scale: ...
Mandates the payment of fees based on the electrical energy usage of digital asset mining businesses.
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14-1-607(c)
The proceeds from the extraordinary electrical energy usage fee ... shall be disbursed as follows: ...
Specifies how the collected fees will be allocated among various state departments for monitoring and oversight.
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14-1-607(b)(1)
If a digital asset mining business or business utilizing a blockchain network begins operation after the effective date of this act ...
Establishes procedures for new businesses to estimate and report their energy usage before they start operations.
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14-1-607(b)(2)
Within thirty (30) days after a digital asset mining business ... has completed one (1) calendar year of electrical energy consumption ... the digital asset mining business ... shall provide to the Department of Energy and Environment: ...
Requires businesses to submit reports on actual energy usage and associated fees after their first year of operation.
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14-1-607(b)(2)(A)
If through audit or other means the Department of Energy and Environment gains actual knowledge that a digital asset mining business ... has knowingly made a false material statement ... the Department of Energy and Environment may assess penalties ...
Establishes penalties for businesses that lie about their energy usage.
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14-1-607(b)(2)(B)
If a digital asset mining business ... overestimated its electrical energy usage ... the Department of Energy and Environment ... shall provide a refund of the difference ...
Provides for refunds to businesses in cases of overestimated fees paid based on energy usage.
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14-1-607(d)
The Department of Energy and Environment shall promulgate rules to implement this section.
Empowers the Department of Energy and Environment to create rules necessary for the implementation of the new fee structure.
Action History
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Died in Senate at Sine Die adjournment.
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Read third time and failed of adoption.
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Read the first time, rules suspended, read the second time and placed on the calendar.
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Filed
Sponsors
- Bryan King · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 137 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (137)
137 members have not signed on to this bill.
Show all 137 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors SR 8?
- SR 8 is sponsored by Bryan King.
- What is the current status of SR 8?
- This bill is in committee in the Senate. Introduced April 06, 2026. It must pass committee before a floor vote.
- Where can I track SR 8?
- Track SR 8 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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