SB 340 — AN ACT relating to the commercial mining of cryptocurrency.
Last action — to Appropriations & Revenue (S)
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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 died with 2022 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
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.
Bill Text
- Introduced View text Current pdf
Action History
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to Appropriations & Revenue (S)
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to Committee on Committees (S)
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introduced in Senate
Sponsors
- Brandon Smith · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 137 not signed on
Sponsors (1)
- Brandon Smith Republican
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
- What does SB 340 do?
- 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.
- Who sponsors SB 340?
- SB 340 is sponsored by Brandon Smith (Republican).
- What is the current status of SB 340?
- This bill died with 2022 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 340?
- Track SB 340 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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