The resolution authorizes Senator King to introduce a non-appropriation bill aimed at amending the Arkansas Data Centers Act of 2023. The proposed amendments will modify the requirements for digital asset mining businesses and those utilizing blockchain networks, as well as redefine the authority of local governments regarding these operations. Key changes include the establishment of compliance standards for digital asset mining businesses, such as adherence to local ordinances, utility service rules, and payment of applicable taxes. Additionally, the bill seeks to ensure that local governments cannot impose restrictions that would hinder home digital asset mining or require permits for such activities.

The resolution also addresses noise reduction techniques that digital asset mining operations must implement to minimize their impact on surrounding areas. It allows individuals to engage in home digital asset mining under specific conditions and prohibits local governments from enacting ordinances that would limit such activities. Furthermore, the bill provides a framework for appealing zoning changes affecting digital asset mining businesses and ensures that the Arkansas Public Service Commission does not impose discriminatory rates on these businesses. Overall, the resolution aims to foster a supportive environment for digital asset mining while balancing community interests.

Statutes affected:
HR 1013: 14-1-601, 14-1-602, 14-1-603(10)