PREPARED BY: John Wiemer
LB 526 DATE PREPARED: April 07, 2025
PHONE: 402-471-0051
Revision: 01
Revised per General File Amendment FISCAL NOTE
LEGISLATIVE FISCAL ANALYST ESTIMATE
ESTIMATE OF FISCAL IMPACT – STATE AGENCIES (See narrative for political subdivision estimates)
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
Any Fiscal Notes received from state agencies and political subdivisions are attached following the Legislative Fiscal Analyst Estimate.
LB 526 was amended by AM691 on General File. AM 691 is a white- copy amendment of the original bill. The details of LB 526, as
amended, are discussed below.
Under the bill, a public power supplier may impose requirements on any cryptocurrency mining operation for the cost of infrastructure
upgrades necessitated by such operations, including, but not limited to:
• Requiring direct payment or a letter of credit from such operation for such cost; or
• Imposing terms and conditions on such operation.
Requirements imposed shall be fair, reasonable, and not unduly discriminatory.
Before any requirement is imposed, the public power supplier shall conduct a load study to determine costs, impacts, and infrastructure
upgrades necessitated by the cryptocurrency mining operation.
Any person intending to install a cryptocurrency mining operation is responsible for notifying the local public power supplier of such
intent, and such operation is subject to the interconnection requirements of such supplier.
Each public power supplier shall make available to the public on the supplier’s website the number of cryptocurrency mining operations
under the jurisdiction of the supplier and the annual energy usage of each operation.
A cryptocurrency mining operation shall allow a public power supplier to interrupt such operation’s electric service according to such
supplier’s established rate schedules and policies.
The bill becomes operative on October 1, 2025.
We estimate no fiscal impact to the state as a result of the bill.
A public power supplier could receive revenue from payment for infras tructure while also having costs connected to load studies as a
result of this bill.