Bill > SR7

This resolution authorizes Senator King to introduce a bill that would amend the "Arkansas Data Centers Act of 2023" to be known as the "Digital Asset Mining Act," and would change the requirements for digital asset mining businesses and businesses using blockchain networks, as well as the authority of local governments regarding these businesses. Key changes include clarifying that these businesses must comply with local ordinances, utility rules, and state and federal laws, and pay all applicable taxes and fees. The bill also mandates that digital asset miners operate in a way that doesn't strain utility generation or transmission capabilities, and implement noise-reduction techniques like liquid cooling or fully enclosing equipment, with specific definitions provided for "fully enclosing the envelope." While local governments are given some regulatory power, they are prohibited from banning home digital asset mining or requiring permits for it, and the Arkansas Public Service Commission may establish rates for these businesses, though not unreasonably discriminatory ones.

https://arkleg.state.ar.us/Bills/Detail?id=sr7&ddBienniumSession=2025%2F2026F