Jacobson at the Legislative Board: In the middle of the road; Next encryption mining bill

With the end of the committee listening sessions, the legislative body will move to the discussion throughout the day after this week. The first half of the legislative session proved that it is somewhat produced if you measure the session according to the number of draft laws that were approved and submitted bills advanced by the committee.

During 48 legislative days, 49 draft laws were approved by the ruler, and 22 draft laws in final reading. However, it is possible that the pace of the Legislative Council is slowing down because we test more superior given the number of controversial bills that have not yet been set for discussion.

The spokesman adhered to continuing to move forward with the lack of priority in a specific file. If the draft law does not pass the general discussion of the file, it is unlikely to be heard unless its priorities are determined or attached to a draft law that moves forward. I am lucky that five of my bills were signed by the governor, two in the final reading, two on a specific file, and two on their way to determine the file.

Crypto: High energy demand

My Priority Bill, LB 526, relates to mining in the encrypted currency and was sent from the Revenue Committee to amend it late last week. In its amended form, the draft law will not impose any new tax, but instead it focuses on reducing excessive consumption of electricity by large encryption miners who consume large sums of electricity with the production of a very new tax base and some jobs only.

Today, there are many adult employees who define an attachment in Nebraska, create high -quality jobs, and expand our tax base. Unfortunately, if they need more than five megawatts of energy, they will need to have a year -long waiting list if they need to constant energy supply. LB 526 brought to reduce electric power consumption by very big users who do not produce proportional amounts of quality functions, property taxes, income taxes, and sales tax.

The reason I targeted cryptocurrencies is that they are classical consumers for very large electricity loads with a few quality and tax generation. For example, the Cernie Crypting Mining Establishment consumes a greater power than the entire city of Kerney on an annual basis. The owner is located in Florida and there is less than five local jobs full -time today.

They pay the sales tax on electricity consumption, including the local options sales tax in Kirney; However, most miners remain outside the cities to avoid paying local sales tax.

Lincoln and Omaha have more power loads on an annual basis. Meanwhile, rural public power areas have heavy electricity loads during the irrigation season, but they significantly decrease in their season. For this reason, the draft law was amended to allow rural energy provinces to accommodate encryption miners as long as they agreed to boycott during the peak pregnancy season or at any time the demand is high. This allows rural energy areas to sell excess energy when available to help reduce energy costs.

Our country needs a strategic plan that we all can get to use the best resources of our state and use our competitive advantages to develop the entire country.