HR1014
To Authorize The Introduction Of A Nonappropriation Bill To Require A Digital Asset Mining Business To Provide Notification Before Purchasing Or Leasing Land Or A Building Or Beginning Construction.
Last Action (April 8, 2026): Read the first time, rules suspended, read the second time and referred to the Committee on HOUSE RULES
Sponsors
AI-Generated Summary
House Resolution 1014 authorizes the introduction of legislation to amend the Arkansas Data Centers Act of 2023. The proposed bill mandates that digital asset miners, mining businesses, or businesses utilizing a blockchain network provide formal written notification to the Arkansas Public Service Commission and the relevant local government before initiating specific actions. This notification must occur at least six months prior to purchasing land, leasing property, or beginning construction, including any site preparation. The legislation seeks to increase transparency and oversight regarding the establishment of digital asset mining facilities within the state. By requiring this notice period, the act ensures that state and local regulators have advance knowledge of the development of these energy-intensive facilities.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries include local governments and the Arkansas Public Service Commission, which would gain enhanced visibility and lead time to assess the potential impacts of digital asset mining facilities on local infrastructure, utility capacity, and land use planning. Additionally, local community members may benefit from the increased notification window, as it provides them with more time to understand and potentially address concerns regarding the development of industrial sites in their vicinity.
Who Might Suffer?
The primary entities negatively impacted would be digital asset mining businesses and blockchain technology companies. These organizations would face additional regulatory burdens, including a mandatory six-month waiting period before purchasing, leasing, or beginning construction. This requirement could increase project costs, delay operational timelines, and potentially deter investment or expansion efforts within the state by creating barriers to market entry.
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