TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023; AND TO AMEND THE UNIFORM MONEY SERVICES ACT.

Senate Bill 11 amends the Arkansas Data Centers Act of 2023 and the Uniform Money Services Act. The bill repeals a previous exemption that prevented individuals engaged in home digital asset mining or operating a digital asset mining business from being considered "money transmitters." It now explicitly includes these activities within the definition of "money transmission," bringing digital asset miners under the purview of the Uniform Money Services Act. Consequently, existing digital asset miners must apply for licensure under this act by September 1, 2026.