everything you want to know (and don't) about arkansas politics

Republican Sponsorship
Technology

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.

Passed

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, 2024
Yea: 28 Nay: 0 NV: 4 Absent: 3 Passed
View 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
Read Full Bill on arkleg.state.ar.us