Did not become law. It stopped in the House of Representatives's Energy Committee on January 31, 2023. The 2023 session has ended.
2023 Regular Session
House Bill 1290
Orphaned Well Cryptocurrency Mining Partnership Program; create.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO CREATE THE ORPHANED WELL CRYPTOCURRENCY MINING PARTNERSHIP PROGRAM FOR THE PURPOSE OF AUTHORIZING CRYPTOCURRENCY MINERS TO ASSUME LIABILITY OF PLUGGING, REMEDIATING, OR RECLAIMING ORPHANED WELLS, IN RETURN FOR TEMPORARY CONTROL OF THE ENERGY FROM THE WELL; TO REQUIRE THE MISSISSIPPI DEPARTMENT OF ENVIRONMENTAL QUALITY TO ADMINISTER THE PROGRAM; TO DEFINE CERTAIN TERMS RELATING TO ORPHANED WELLS AND CRYPTOCURRENCY MINING; TO CREATE THE ORPHANED WELL CRYPTOCURRENCY MINING PARTNERSHIP PROGRAM FUND; TO PROVIDE FOR A BIDDING PROCESS FOR CRYPTOCURRENCY MINERS IN THE PROGRAM; TO REQUIRE THAT THE COST OF PLUGGING, REMEDIATING, OR RECLAIMING AN ORPHANED WELL BE CAPPED AT THREE TIMES THE INITIAL ESTIMATE BY THE DEPARTMENT, UNLESS IT IS DEMONSTRATED THAT THE WINNING BIDDER CAUSED ADDITIONAL COSTS TO THE SITE; TO REQUIRE CRYPTOCURRENCY MINERS IN THE PROGRAM TO PROVIDE A YEARLY UPDATE TO THE DEPARTMENT; TO AUTHORIZE CRYPTOCURRENCY MINERS TO TAKE LEGAL OWNERSHIP OF THE WELL AT THE END OF THE AGREED UPON MINING PERIOD; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 16 to January 31, 2023, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesJan 16 to Jan 31 · stopped15 days
EnergyJan 16 to Jan 31 · stopped15 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.