The resolution authorizes Senator King to introduce a nonappropriation bill aimed at prohibiting the use of computers and software in digital asset mining if they are manufactured, assembled, or developed by entities classified as "covered foreign entities." This classification includes individuals or organizations from countries such as China and Russia, as well as those listed on the U.S. Secretary of Commerce's Consolidated Screening List or Entity List. The bill seeks to enhance cybersecurity and protect the integrity of digital asset mining operations in Arkansas.

The proposed legislation amends the Arkansas Data Centers Act of 2023 to define "covered foreign entity" and establishes penalties for violations. Digital asset mining businesses found using prohibited computers or software would face legal consequences, including a Class A misdemeanor for first offenses and a Class D felony for subsequent offenses. This initiative reflects a growing concern over the potential risks associated with foreign technology in critical sectors like digital asset mining.

Statutes affected:
HR 1014: 14-1-603