1 | 1 | | Stricken language would be deleted from and underlined language would be added to present law. |
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2 | 2 | | *LJH029* 01/14/2025 2:17:31 PM LJH029 |
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3 | 3 | | State of Arkansas 1 |
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4 | 4 | | 95th General Assembly A Bill 2 |
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5 | 5 | | Regular Session, 2025 SENATE BILL 60 3 |
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6 | 6 | | 4 |
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7 | 7 | | By: Senator Hill 5 |
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8 | 8 | | By: Representative Evans 6 |
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9 | 9 | | 7 |
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10 | 10 | | For An Act To Be Entitled 8 |
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11 | 11 | | AN ACT TO AMEND THE ARKANSAS DATA CENTERS ACT OF 9 |
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12 | 12 | | 2023; TO PROHIBIT A DIGITAL ASSET MINING BUSINESS 10 |
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13 | 13 | | FROM BEING LOCATED WITHIN A THIRTY -MILE RADIUS OF A 11 |
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14 | 14 | | MILITARY FACILITY; TO DECLARE AN EMERGENCY; AND FOR 12 |
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15 | 15 | | OTHER PURPOSES. 13 |
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16 | 16 | | 14 |
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17 | 17 | | 15 |
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18 | 18 | | Subtitle 16 |
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19 | 19 | | TO PROHIBIT A DIGITAL ASSET MINING 17 |
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20 | 20 | | BUSINESS FROM BEING LOCATED WITHIN A 18 |
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21 | 21 | | THIRTY-MILE RADIUS OF A MILITARY 19 |
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22 | 22 | | FACILITY; AND TO DECLARE AN EMERGENCY. 20 |
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23 | 23 | | 21 |
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24 | 24 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 22 |
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25 | 25 | | 23 |
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26 | 26 | | SECTION 1. Arkansas Code Title 14, Chapter 1, Subchapter 6, is amended 24 |
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27 | 27 | | to add an additional section to read as follows: 25 |
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28 | 28 | | 14-1-607. Operation of digital asset mining business within thirty -26 |
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29 | 29 | | mile radius of military facility prohibited — Definition. 27 |
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30 | 30 | | (a) As used in this section: 28 |
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31 | 31 | | (1) "Military facility": 29 |
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32 | 32 | | (A) Means a physical location in the state that is 30 |
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33 | 33 | | operated by one (1) or more branches of the United States Armed Forces or the 31 |
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34 | 34 | | National Guard to: 32 |
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35 | 35 | | (i) House military personnel and equipment; 33 |
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36 | 36 | | (ii) Support training and operations; or 34 |
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37 | 37 | | (iii) Serve as a command center or training grounds; 35 |
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38 | 38 | | and 36 SB60 |
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41 | 41 | | (B) Includes without limitation a military: 1 |
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42 | 42 | | (i) Base or camp; 2 |
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43 | 43 | | (ii) Hospital or clinic; and 3 |
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44 | 44 | | (iii) Arsenal; and 4 |
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45 | 45 | | (2) "Operation" means generating income as a result of 5 |
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46 | 46 | | generating digital assets by securing a blockchain network. 6 |
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47 | 47 | | (b)(1) A digital asset mining business shall: 7 |
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48 | 48 | | (A) Not operate within a thirty -mile radius of a military 8 |
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49 | 49 | | facility; 9 |
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50 | 50 | | (B) Shut down operations at each location that is within a 10 |
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51 | 51 | | thirty-mile radius of a military facility unless the digital asset mining 11 |
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52 | 52 | | business was fully constructed and in operation at that site before December 12 |
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53 | 53 | | 31, 2024; and 13 |
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54 | 54 | | (C) Cease construction of a location that is within a 14 |
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55 | 55 | | thirty-mile radius of a military facility. 15 |
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56 | 56 | | (2) A digital asset mining business that was in operation at a 16 |
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57 | 57 | | location within a thirty -mile radius of a military facility before December 17 |
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58 | 58 | | 31, 2024, and subsequently changes ownership shall shut down operations at 18 |
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59 | 59 | | each location that is within thirty -mile radius of a military facility before 19 |
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60 | 60 | | the change in ownership becomes effective. 20 |
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61 | 61 | | (c) Upon request of a person or upon receipt of information that leads 21 |
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62 | 62 | | the Attorney General to believe that a violation of this section may exist, 22 |
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63 | 63 | | the Attorney General may conduct an investigation that includes without 23 |
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64 | 64 | | limitation: 24 |
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65 | 65 | | (1) Receiving sworn statements; and 25 |
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66 | 66 | | (2) Issuing subpoenas to compel the: 26 |
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67 | 67 | | (A) Testimony of witnesses subpoenaed before him or her; 27 |
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68 | 68 | | and 28 |
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69 | 69 | | (B) Production of records and other documents under § 25 -29 |
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70 | 70 | | 16-705. 30 |
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71 | 71 | | (d) If as a result of an investigation under subsection (c) of this 31 |
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72 | 72 | | section the Attorney General concludes that a violation of this section has 32 |
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73 | 73 | | occurred, the Attorney General shall order the digital asset mining business 33 |
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74 | 74 | | to shut down operations at each location that is within a thirty -mile radius 34 |
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75 | 75 | | of a military facility. 35 |
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76 | 76 | | 36 SB60 |
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79 | 79 | | SECTION 2. EMERGENCY CLAUSE. It is found and determined by the 1 |
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80 | 80 | | General Assembly of the State of Arkansas that digital asset mining, also 2 |
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81 | 81 | | known as "cryptomining", is a rising industry in the state that poses unique 3 |
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82 | 82 | | opportunities as well as risks; that risks posed by digital asset mining 4 |
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83 | 83 | | include without limitation threats to national security and the security of 5 |
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84 | 84 | | the State of Arkansas, which is amplified by a digital asset mining 6 |
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85 | 85 | | facility's being located within a thirty -mile radius of a military facility; 7 |
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86 | 86 | | and that this act is immediately necessary in order to ensure the health and 8 |
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87 | 87 | | safety of the State of Arkansas and its citizens. Therefore, an emergency is 9 |
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88 | 88 | | declared to exist, and this act being immediately necessary for the 10 |
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89 | 89 | | preservation of the public peace, health, and safety shall become effective 11 |
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90 | 90 | | on: 12 |
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91 | 91 | | (1) The date of its approval by the Governor; 13 |
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92 | 92 | | (2) If the bill is neither approved nor vetoed by the Governor, 14 |
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93 | 93 | | the expiration of the period of time during which the Governor may veto the 15 |
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94 | 94 | | bill; or 16 |
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95 | 95 | | (3) If the bill is vetoed by the Governor and the veto is 17 |
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96 | 96 | | overridden, the date the last house overrides the veto. 18 |
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