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.

This Senate resolution authorizes a new bill that would require digital asset mining businesses to notify state and local officials before acquiring land or starting construction for a mining facility. The proposed law mandates that these companies submit a written notice to the Arkansas Public Service Commission and the relevant local government at least six months prior to purchasing, leasing, or beginning work on the site. This requirement applies to any business using blockchain networks for mining and aims to ensure early communication regarding potential new developments. The measure is currently procedural, as it only grants permission to introduce the substantive legislation rather than enacting the notification rule itself.