Arkansas 2025 Regular Session

Arkansas Senate Bill SB60 Compare Versions

Only one version of the bill is available at this time.
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11 Stricken language would be deleted from and underlined language would be added to present law.
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33 State of Arkansas 1
44 95th General Assembly A Bill 2
55 Regular Session, 2025 SENATE BILL 60 3
66 4
77 By: Senator Hill 5
88 By: Representative Evans 6
99 7
1010 For An Act To Be Entitled 8
1111 AN ACT TO AMEND THE ARKANSAS DATA CENTERS ACT OF 9
1212 2023; TO PROHIBIT A DIGITAL ASSET MINING BUSINESS 10
1313 FROM BEING LOCATED WITHIN A THIRTY -MILE RADIUS OF A 11
1414 MILITARY FACILITY; TO DECLARE AN EMERGENCY; AND FOR 12
1515 OTHER PURPOSES. 13
1616 14
1717 15
1818 Subtitle 16
1919 TO PROHIBIT A DIGITAL ASSET MINING 17
2020 BUSINESS FROM BEING LOCATED WITHIN A 18
2121 THIRTY-MILE RADIUS OF A MILITARY 19
2222 FACILITY; AND TO DECLARE AN EMERGENCY. 20
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2424 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 22
2525 23
2626 SECTION 1. Arkansas Code Title 14, Chapter 1, Subchapter 6, is amended 24
2727 to add an additional section to read as follows: 25
2828 14-1-607. Operation of digital asset mining business within thirty -26
2929 mile radius of military facility prohibited — Definition. 27
3030 (a) As used in this section: 28
3131 (1) "Military facility": 29
3232 (A) Means a physical location in the state that is 30
3333 operated by one (1) or more branches of the United States Armed Forces or the 31
3434 National Guard to: 32
3535 (i) House military personnel and equipment; 33
3636 (ii) Support training and operations; or 34
3737 (iii) Serve as a command center or training grounds; 35
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4141 (B) Includes without limitation a military: 1
4242 (i) Base or camp; 2
4343 (ii) Hospital or clinic; and 3
4444 (iii) Arsenal; and 4
4545 (2) "Operation" means generating income as a result of 5
4646 generating digital assets by securing a blockchain network. 6
4747 (b)(1) A digital asset mining business shall: 7
4848 (A) Not operate within a thirty -mile radius of a military 8
4949 facility; 9
5050 (B) Shut down operations at each location that is within a 10
5151 thirty-mile radius of a military facility unless the digital asset mining 11
5252 business was fully constructed and in operation at that site before December 12
5353 31, 2024; and 13
5454 (C) Cease construction of a location that is within a 14
5555 thirty-mile radius of a military facility. 15
5656 (2) A digital asset mining business that was in operation at a 16
5757 location within a thirty -mile radius of a military facility before December 17
5858 31, 2024, and subsequently changes ownership shall shut down operations at 18
5959 each location that is within thirty -mile radius of a military facility before 19
6060 the change in ownership becomes effective. 20
6161 (c) Upon request of a person or upon receipt of information that leads 21
6262 the Attorney General to believe that a violation of this section may exist, 22
6363 the Attorney General may conduct an investigation that includes without 23
6464 limitation: 24
6565 (1) Receiving sworn statements; and 25
6666 (2) Issuing subpoenas to compel the: 26
6767 (A) Testimony of witnesses subpoenaed before him or her; 27
6868 and 28
6969 (B) Production of records and other documents under § 25 -29
7070 16-705. 30
7171 (d) If as a result of an investigation under subsection (c) of this 31
7272 section the Attorney General concludes that a violation of this section has 32
7373 occurred, the Attorney General shall order the digital asset mining business 33
7474 to shut down operations at each location that is within a thirty -mile radius 34
7575 of a military facility. 35
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7979 SECTION 2. EMERGENCY CLAUSE. It is found and determined by the 1
8080 General Assembly of the State of Arkansas that digital asset mining, also 2
8181 known as "cryptomining", is a rising industry in the state that poses unique 3
8282 opportunities as well as risks; that risks posed by digital asset mining 4
8383 include without limitation threats to national security and the security of 5
8484 the State of Arkansas, which is amplified by a digital asset mining 6
8585 facility's being located within a thirty -mile radius of a military facility; 7
8686 and that this act is immediately necessary in order to ensure the health and 8
8787 safety of the State of Arkansas and its citizens. Therefore, an emergency is 9
8888 declared to exist, and this act being immediately necessary for the 10
8989 preservation of the public peace, health, and safety shall become effective 11
9090 on: 12
9191 (1) The date of its approval by the Governor; 13
9292 (2) If the bill is neither approved nor vetoed by the Governor, 14
9393 the expiration of the period of time during which the Governor may veto the 15
9494 bill; or 16
9595 (3) If the bill is vetoed by the Governor and the veto is 17
9696 overridden, the date the last house overrides the veto. 18
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