Arkansas 2025 2025 Regular Session

Arkansas Senate Bill SB645 Draft / Bill

Filed 04/14/2025

                    Stricken language would be deleted from and underlined language would be added to present law. 
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State of Arkansas     1 
95th General Assembly A Bill     2 
Regular Session, 2025  	SENATE BILL 645 3 
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By: Senator Crowell 5 
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For An Act To Be Entitled 8 
AN ACT TO AMEND THE LAW CONCERNING NATURAL RESOURCES; 9 
TO CONDUCT A STUDY RELATED TO CRITICAL MINERALS; AND 10 
FOR OTHER PURPOSES. 11 
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Subtitle 14 
TO CONDUCT A STUDY RELATED TO CRITICAL 15 
MINERALS. 16 
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 18 
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 SECTION 1.  DO NOT CODIFY.  Legislative findings — Study. 20 
 (a)  The General Assembly finds that: 21 
 (1)  Critical minerals are essential for various industries, 22 
including without limitation energy, defense, and technology; 23 
 (2)  Ensuring energy independence for the United States requires 24 
a diversified approach, including without limitation supply chain 25 
diversification and capital investment attractiveness in value -added 26 
manufacturing; 27 
 (3)  Lithium recovery projects are recognized as essential to the 28 
continued growth and development of Arkansas's critical energy resources and 29 
the prosperity of its citizens; 30 
 (4)  Global demand for lithium is expected to quadruple by 2030, 31 
necessitating proactive efforts to support domestic lithium production to 32 
reduce reliance on foreign imports and bolster energy security; 33 
 (5)  Encouraging lithium recovery will provide economic benefits 34 
to Arkansas, attract investment, create jobs, and strengthen the state’s 35 
industrial and manufacturing base; 36    	SB645 
 
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 (6)  Reducing statutory and regulatory roadblocks, including 1 
those related to state and local taxes, permit fees, payments, 2 
infrastructure, and workforce development, will create an optimal economic 3 
ecosystem to support lithium recovery and related industries; and 4 
 (7)  Arkansas's first -mover advantage is being threatened by an 5 
increase of lithium exploration and development opportunities in Louisiana, 6 
Texas, and other states where policymakers are enacting incentives and taking 7 
steps to provide regulatory certainty. 8 
 (b)(1)  The General Assembly shall conduct a study to evaluate the 9 
state’s national and global competitiveness in attracting lithium recovery 10 
projects and related value -added manufacturing and supply -chain activities. 11 
 (2)  The study required under subdivision (b)(1) of this section 12 
shall: 13 
 (A)  Assess the competitiveness of Arkansas using a matrix 14 
consistent with factors utilized by companies engaged in lithium recovery and 15 
related activities; 16 
 (B)  Identify potential developmental impediments, 17 
including without limitation state and local taxes, permit fees, payments, 18 
regulatory burdens, and other government -induced or imposed activities; 19 
 (C)  Evaluate infrastructure needs, including without 20 
limitation rail, roads, water supply, and electricity transmission and 21 
distribution necessary for lithium recovery and processing projects; 22 
 (D)  Examine workforce availability and training programs 23 
to ensure a skilled labor force to support the lithium industry; and 24 
 (E)  Provide recommendations to enhance Arkansas’s 25 
attractiveness for investment in lithium recovery and associated value	-added 26 
manufacturing. 27 
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