TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO REQUIRE A DIGITAL ASSET MINING BUSINESS TO PROVIDE NOTIFICATION BEFORE PURCHASING OR LEASING LAND OR A BUILDING OR BEGINNING CONSTRUCTION.
Died in House Committee at Sine Die adjournment.
Summary
The resolution would permit a future bill to amend the Arkansas Data Centers Act, obligating digital asset mining companies to file a written notice with the Arkansas Public Service Commission and the local government at least six months before they purchase or lease land, or begin construction. It targets any business that mines digital assets or uses a blockchain network, giving officials advance warning of new mining projects.
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