TO PROHIBIT A DIGITAL ASSET MINING BUSINESS FROM BEING LOCATED WITHIN A THIRTY-MILE RADIUS OF A MILITARY FACILITY; AND TO DECLARE AN EMERGENCY.

Senate Bill 60 aims to regulate the location of digital asset mining businesses in Arkansas. It prohibits these businesses from operating or constructing within a thirty-mile radius of specific military facilities, including Little Rock Air Force Base, Camp Joseph T. Robinson, Ebbing Air National Guard Base, Fort Chaffee, and Pine Bluff Arsenal. The bill directs the Oil and Gas Commission not to issue new permits for facilities within these restricted zones. Furthermore, it requires the revocation of existing permits for facilities within the radius unless they cease operations or construction, applying to businesses not issued a permit by December 31, 2024.