The bill amends the Arkansas Data Centers Act of 2023 to enhance the regulatory framework surrounding blockchain networks and digital asset mining, specifically focusing on their impact on water usage and the electric grid. It establishes new responsibilities for the Arkansas Natural Resources Commission and the Arkansas Public Service Commission. The Natural Resources Commission is tasked with monitoring the water usage of these operations and has the authority to take action if excessive water use threatens critical groundwater supplies. Additionally, the Commission is required to promulgate rules to implement these monitoring efforts, which must be approved by the Legislative Council or Joint Budget Committee.

Similarly, the Arkansas Public Service Commission is charged with monitoring the impact of blockchain networks and digital asset mining on the electric grid. It is empowered to direct utilities to halt service to these operations if they pose a threat to the reliability of the electric grid. Like the Natural Resources Commission, the Public Service Commission must also create rules for implementation, subject to the same approval process. Overall, the bill aims to ensure that the growth of blockchain technology and digital asset mining does not compromise essential natural resources and infrastructure in Arkansas.