The resolution authorizes Senator King to introduce a non-appropriation bill aimed at amending the Arkansas Data Centers Act of 2023. The proposed legislation seeks to address the environmental impacts of blockchain networks and digital asset mining, specifically focusing on their effects on water usage and the electric grid. It empowers the Arkansas Natural Resources Commission to monitor water usage related to these activities and allows for intervention if excessive water consumption threatens critical groundwater supplies. Similarly, the Arkansas Public Service Commission will be tasked with monitoring the impact on the electric grid and has the authority to halt services to operations that jeopardize grid reliability.

Additionally, the resolution outlines the procedural requirements for the implementation of these monitoring rules, mandating that both commissions develop and file necessary regulations by January 1, 2025. The proposed rules must receive approval from the Legislative Council or Joint Budget Committee before they can be enacted. This legislative effort reflects a proactive approach to managing the potential environmental and infrastructural challenges posed by the growing presence of blockchain technology and digital asset mining in Arkansas.