A Texas Senate committee voted unanimously to pass Senate Bill 1751, which proposes to eliminate tax incentives for local Bitcoin mining operations. The bill, sponsored by Republican state senators Lois Kolkhorst, Donna Campbell and Robert Nichols, would eliminate the tax break and require miners using more than 10 megawatts to register as flexible load operators with state grid operator ERCOT. The bill will next go to the Texas Senate for a full vote and then to the House. In response, Dennis Porte, CEO of Bitcoin mining advocacy company Satoshi Action Fund, tweeted that the bill would eliminate incentives for miners to create jobs in rural communities. #crypto2023