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 Senate at Sine Die adjournment.
Summary
The measure would amend the Arkansas Data Centers Act of 2023 to add a notification requirement for digital asset mining businesses. It obliges them 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 of a mining facility. The goal is to give officials advance warning of new mining projects.
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