SR 5 Arkansas Senate · 2024 Fiscal Session

TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023 AND TO PROHIBIT FOREIGN-PARTY-CONTROLLED OWNERSHIP OF A DIGITAL ASSET MINING BUSINESS.

This bill amends the Arkansas Data Centers Act to regulate digital asset mining businesses by introducing specific noise reduction requirements and clarifying rules for home-based mining operations. It mandates that commercial mining facilities use noise-control methods like liquid cooling or fully enclosed structures to minimize sound emissions and prevents local governments from banning or restricting home mining activities. Additionally, the legislation prohibits businesses with significant ownership ties to foreign governments or entities listed under U.S. arms control regulations from owning or operating digital asset mining businesses in the state.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2024
Committee Review
Floor Vote
Governor
Introduced Apr 9, 2024 Last action May 10, 2024
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Apr 9, 2024
Introduced
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upper
1 primary · 0 co-sponsors

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State
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P
Photo of Josh Bryant
Josh Bryant
RRepublican
AR
32