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Bill > HB1799
AR HB1799
AR HB1799To Create The Arkansas Data Centers Act Of 2023; And To Clarify The Regulation Of The Digital Asset Mining Business.
summary
Introduced
03/30/2023
03/30/2023
In Committee
04/07/2023
04/07/2023
Crossed Over
04/04/2023
04/04/2023
Passed
04/07/2023
04/07/2023
Dead
Signed/Enacted/Adopted
04/13/2023
04/13/2023
Introduced Session
94th General Assembly (2023 Regular)
Bill Summary
AN ACT TO CREATE THE ARKANSAS DATA CENTERS ACT OF 2023; TO CLARIFY THE REGULATION OF THE DIGITAL ASSET MINING BUSINESS; AND FOR OTHER PURPOSES.
AI Summary
This bill creates the Arkansas Data Centers Act of 2023, which aims to recognize the economic value of data centers and provide guidelines to protect digital asset miners from discriminatory regulations and taxes. The bill defines key terms like "digital asset mining" and "digital asset mining business", and outlines regulations for these activities, such as complying with state laws, local ordinances, and utility service requirements. It also prohibits local governments from enacting certain discriminatory policies against digital asset mining businesses, with some exceptions for utility service rules. The bill intends to support the growth of the data centers industry and blockchain technology in Arkansas.
Committee Categories
Government Affairs, Transportation and Infrastructure
Sponsors (2)
Last Action
Notification that HB1799 is now Act 851 (on 04/13/2023)
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