The resolution authorizes Senator King to introduce a non-appropriation bill aimed at regulating the impact of blockchain networks and digital asset mining on water usage and the electrical grid in Arkansas. The proposed legislation seeks to amend the Arkansas Data Centers Act of 2023 and enhance the powers of the Arkansas Natural Resources Commission and the Arkansas Public Service Commission. Specifically, it mandates the monitoring of water usage and electric grid stability in relation to these technologies, allowing for the closure of operations if they are found to excessively threaten water supplies or the reliability of the electric grid.

The bill outlines the responsibilities of both commissions, including the authority to take action against blockchain networks or digital asset mining businesses that pose a risk to critical groundwater supplies or the electric grid. It also establishes a timeline for the adoption of rules to implement these regulations, with a deadline set for January 1, 2027, or as soon as practicable following necessary approvals. The resolution emphasizes the need for oversight to ensure that the growth of blockchain technologies does not compromise essential natural resources or infrastructure in Arkansas.