SR 16 Arkansas Senate · 2024 Fiscal Session

TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023 AND TO AMEND THE REQUIREMENTS FOR A DIGITAL ASSET MINING BUSINESS OR BUSINESS USING A BLOCKCHAIN NETWORK.

This bill amends the Arkansas Data Centers Act to update regulations for digital asset mining businesses and individuals operating blockchain networks in the state. It clarifies that local governments cannot impose special noise limits, discriminatory zoning rules, or unique permit requirements specifically targeting these mining operations. Additionally, the legislation prohibits citizens of certain foreign nations from owning or investing in digital asset mining businesses within Arkansas.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2024
Committee Review
Floor Vote
Governor
Introduced Apr 10, 2024 Last action May 10, 2024
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Committee
0
Apr 10, 2024
Introduced
Filed
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bryan King
Bryan King
RRepublican
AR
28