A proposed Arkansas bill would require certain mining and blockchain businesses to notify state and local officials six months before land deals or construction.
Businesses planning covered land deals or construction for digital asset mining or blockchain use would have to notify state and local officials in writing at least six months ahead.
A proposed bill would require written notice to the Arkansas Public Service Commission and the local government before certain land deals or construction. It covers digital asset miners, digital asset mining businesses, and businesses using a blockchain network that seek land or a building for mining or blockchain use. Notice would be due at least six months before a purchase or lease that has not happened by the act’s effective date, or before construction starts if a purchase or lease already happened.
No hearings or votes scheduled.