SR15
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.
Last Action (April 11, 2024): Sine Die adjournment
Sponsors
AI-Generated Summary
Senate Resolution 15 authorizes the introduction of legislation to amend the Arkansas Data Centers Act of 2023. The proposed bill requires digital asset miners and related blockchain businesses to provide written notification to the Arkansas Public Service Commission and local government authorities at least six months before purchasing land, leasing property, or beginning construction on a mining facility. This notification requirement applies to both new property acquisitions and future construction on land already owned or leased. Construction is explicitly defined to include site preparation or clearing activities. The main purpose of the bill is to increase regulatory oversight and advance notice for digital asset mining infrastructure projects within the state.
Potential Impact Analysis
Who Might Benefit?
Local government entities and state regulators, specifically the Arkansas Public Service Commission, would benefit from increased transparency and earlier access to information regarding proposed infrastructure developments. Additionally, local residents and community groups may benefit from this advance notice, as it allows for more time to evaluate the potential environmental, grid-load, and economic impacts of new digital asset mining facilities in their proximity.
Who Might Suffer?
Digital asset mining companies and blockchain business operators would be most directly impacted. These entities would face increased administrative burdens, potential project delays due to the mandatory six-month waiting period, and reduced flexibility in their expansion and land acquisition timelines. These requirements could potentially disincentivize new investment in the state's digital asset sector.
Vote Records
Third Reading
April 11, 2024View individual votes (35)
| Legislator | Party | Chamber | Vote |
|---|---|---|---|
| Jane English | Republican | Senate | Yea |
| Linda Chesterfield | Democrat | Senate | NV |
| Jonathan Dismang | Republican | Senate | Yea |
| Greg Leding | Democrat | Senate | NV |
| Missy Irvin | Republican | Senate | Yea |
| Bryan King | Republican | Senate | Yea |
| Kim Hammer | Republican | Senate | Yea |
| Stephanie Flowers | Democrat | Senate | Yea |
| Frederick Love | Democrat | Senate | NV |
| Terry Rice | Republican | Senate | Yea |
| Reginald Murdock | Democrat | Senate | Absent |
| Gary Stubblefield | Republican | Senate | Absent |
| Jim Dotson | Republican | Senate | Yea |
| John Payton | Republican | Senate | Yea |
| Alan Clark | Republican | Senate | Yea |
| Ronald Caldwell | Republican | Senate | Yea |
| Bart Hester | Republican | Senate | Yea |
| Jimmy Hickey | Republican | Senate | Yea |
| Dan Sullivan | Republican | Senate | NV |
| David Wallace | Republican | Senate | Yea |
| Blake Johnson | Republican | Senate | Yea |
| Justin Boyd | Republican | Senate | Absent |
| Clarke Tucker | Democrat | Senate | NV |
| Scott Flippo | Republican | Senate | Yea |
| Clint Penzo | Republican | Senate | Yea |
| Mark Johnson | Republican | Senate | Yea |
| Ricky Hill | Republican | Senate | Yea |
| Breanne Davis | Republican | Senate | Yea |
| Ben Gilmore | Republican | Senate | Yea |
| Joshua Bryant | Republican | Senate | Yea |
| Matt McKee | Republican | Senate | Yea |
| Jim Petty | Republican | Senate | Yea |
| Steve Crowell | Republican | Senate | Yea |
| Tyler Dees | Republican | Senate | Yea |
| Matt Stone | Republican | Senate | Yea |
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