HR1012
To Authorize The Introduction Of A Nonappropriation Bill To Regulate The Impact On Water Usage And The Electrical Grid By Blockchain Networks And Digital Asset Mining.
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
HR 1012 authorizes the introduction of legislation to amend the Arkansas Data Centers Act of 2023 by increasing state oversight of blockchain networks and digital asset mining operations. The proposed act grants the Arkansas Natural Resources Commission the authority to monitor water usage by these facilities and intervene if usage is deemed excessive and a threat to groundwater supplies. Additionally, the bill empowers the Arkansas Public Service Commission to monitor the impact of these operations on the state's electric grid. The commission may direct utility providers to halt service to blockchain or mining operations if they threaten the reliability of the electrical grid. The bill requires both commissions to promulgate rules for implementation by January 1, 2027.
Potential Impact Analysis
Who Might Benefit?
The primary beneficiaries are the general public and state utility consumers, who may benefit from increased stability in the electrical grid and the preservation of critical groundwater resources. Additionally, state agencies such as the Arkansas Natural Resources Commission and the Arkansas Public Service Commission gain expanded regulatory authority to manage industrial resource consumption.
Who Might Suffer?
The primary entities negatively impacted are businesses operating blockchain networks and digital asset mining facilities within Arkansas. These companies could face increased operational costs due to compliance requirements, potential loss of service, and restricted access to water and electricity if their operations are determined to be detrimental to public resources or infrastructure reliability.
Get Notified
Receive an email when this bill's status changes.