SR14
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023; And To Regulate The Impact On Water Usage And The Electric Grid By Blockchain Networks And Digital Asset Mining.
Last Action (April 11, 2024): Sine Die adjournment
Sponsors
AI-Generated Summary
This resolution authorizes the introduction of a bill to amend the Arkansas Data Centers Act of 2023. The proposed legislation empowers the Arkansas Natural Resources Commission to monitor water usage by blockchain and digital asset mining operations, allowing the commission to take action if water consumption threatens groundwater supplies. Additionally, it grants the Arkansas Public Service Commission authority to monitor the impact of these same operations on the state's electric grid. The bill provides these commissions with the power to halt operations if the activity threatens grid reliability or excessive resource usage. It also mandates that these agencies establish rules for implementation by January 2025, subject to legislative approval.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries include the general public, utility customers, and state residents who rely on stable electric grid services and protected groundwater supplies. By preventing potential disruptions to energy reliability and water scarcity caused by intensive industrial operations, these stakeholders may benefit from more predictable infrastructure and resource availability.
Who Might Suffer?
The primary entities negatively impacted are businesses operating blockchain networks and digital asset mining facilities within Arkansas. These entities could face increased regulatory scrutiny, mandatory compliance costs, potential service interruptions, or the forced cessation of operations if regulators determine their consumption of water or electricity is excessive or threatens essential state services.
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 | Yea |
| 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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