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AR SB60
Bill
Status
5/5/2025
Primary Sponsor
Ricky Hill
Click for details
AI Summary
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Digital asset mining businesses (cryptocurrency mining operations) are prohibited from operating within a 30-mile radius of any military facility in Arkansas, including bases, camps, hospitals, clinics, and arsenals
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Existing mining operations that were fully constructed and operational before December 31, 2024 are grandfathered in and may continue, but must shut down if ownership changes
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New construction of mining facilities within the 30-mile zone must cease immediately, and any non-grandfathered operations must shut down
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The Attorney General has authority to investigate potential violations, issue subpoenas, compel testimony, and order non-compliant businesses to shut down
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Declared an emergency measure citing national security threats, taking effect immediately upon gubernatorial approval rather than the standard 90-day waiting period
Legislative Description
To Prohibit A Digital Asset Mining Business From Being Located Within A Thirty-mile Radius Of A Military Facility; And To Declare An Emergency.
Last Action
Died in Senate Committee at Sine Die adjournment.
5/5/2025