The resolution seeks to extend the First Extraordinary Session of the Ninety-Fourth General Assembly of Arkansas for an additional period not exceeding fifteen days. This extension is in accordance with Article 6, Section 19 of the Arkansas Constitution, which allows the General Assembly to remain in session after completing the business outlined in the Governor's proclamation. The purpose of this extension is to consider legislation aimed at amending the Arkansas Data Centers Act of 2023.
The proposed amendments will focus on establishing sound standards for digital asset mining businesses and instituting demand-response agreements between these businesses and public utilities. This legislative action reflects the Assembly's intent to address regulatory frameworks surrounding digital asset mining in the state, ensuring that such operations align with established standards and utility agreements.