Texas Senate committee moves forward on bill removing incentives for crypto miners

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Texas Senate committee moves forward on bill removing incentives for crypto miners
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Texas Senate Committee moves to curb incentives for crypto miners. Senate Bill 1751 would cap anticipated demand for crypto firms and end tax abatement programs in September 2023.

incentives for crypto miners to create jobs in rural parts of Texas.

He claimed that lawmakers on the committee had been “swayed by the influence of the powerful bill sponsor” — likely referring to Senator Kolkhorst.mining bill in Texas just passed through Senate committee uncontested without a single vote in opposition.

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