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AR SR15

Resolution

Status

Passed

4/11/2024

Primary Sponsor

Bryan King

Click for details

Origin

Senate

94th General Assembly (2024 Fiscal)

AI Summary

  • Authorizes Senator B. King to introduce a bill amending the Arkansas Data Centers Act of 2023
  • Requires digital asset miners, digital asset mining businesses, and blockchain network operators to provide written notification to the Arkansas Public Service Commission and local government at least 6 months before purchasing, leasing, or constructing a digital asset mining facility
  • Applies the 6-month notification requirement to purchases and leases occurring after enactment, or to construction beginning after enactment on previously purchased or leased property
  • Defines "construction" to include any sitework to clear or prepare land for building
  • Creates new section 14-1-606 in Arkansas Code Title 14, Chapter 1, Subchapter 6

Legislative Description

To Authorize The Introduction Of A Nonappropriation Bill To Require A Digital Asset Mining Business To Provide Notification Before Purchasing Land Or A Building Or Beginning Construction Of A Digital Asset Mining Facility.

Last Action

Sine Die adjournment

5/10/2024

Full Bill Text

No bill text available