A 7389 New York Assembly · 2021 Regular Session

Establishes a moratorium on cryptocurrency mining operations that use proof-of-work authentication methods to validate blockchain transactions

Summary

Establishes a moratorium on cryptocurrency mining operations that use proof-of-work authentication methods to validate blockchain transactions; provides that such operations shall be subject to a full generic environmental impact statement review.

Bill status signed all 5 stages cleared

Introduction

May 2021

Committee Review

Apr 2022

Assembly Passage

Apr 2022

Senate Passage

Jun 2022

Signed into Law

Nov 2022

Introduced May 6, 2021 Signed Nov 22, 2022

Floor votes · Senate Jun 2, 2022 · Assembly Apr 26, 2022

How they voted

34–27

Passed

Total votes 61

Jun 2, 2022

D Democratic42

33 Yea 9 Nay

78% Yea

R Republican19

1 Yea 18 Nay

94% Nay

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Nov 22, 2022

Signed into law

SIGNED CHAP.628

lower

Jun 2, 2022

Upper · Passed

PASSED SENATE

upper

Apr 26, 2022

Committee

REFERRED TO ENERGY AND TELECOMMUNICATIONS

upper

Apr 26, 2022

Lower · Passed

PASSED ASSEMBLY

lower

Apr 25, 2022

Committee

REPORTED REFERRED TO RULES

lower

Mar 22, 2022

Committee

REPORTED REFERRED TO WAYS AND MEANS

lower

Mar 18, 2022

Lower · Passed

PRINT NUMBER 7389C

lower

Mar 18, 2022

Lower · Passed

AMEND (T) AND RECOMMIT TO ENVIRONMENTAL CONSERVATION

lower

Jan 5, 2022

Committee

REFERRED TO ENVIRONMENTAL CONSERVATION

lower

Oct 22, 2021

Lower · Passed

PRINT NUMBER 7389B

lower

Oct 22, 2021

Lower · Passed

AMEND AND RECOMMIT TO ENVIRONMENTAL CONSERVATION

lower

Jun 4, 2021

Lower · Passed

PRINT NUMBER 7389A

lower

Jun 4, 2021

Lower · Passed

AMEND (T) AND RECOMMIT TO ENVIRONMENTAL CONSERVATION

lower

May 20, 2021

Committee

REFERENCE CHANGED TO ENVIRONMENTAL CONSERVATION

lower

May 6, 2021

Committee

REFERRED TO BANKS

lower

1 primary · 48 co-sponsors