TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO REQUIRE A DIGITAL ASSET MINING BUSINESS TO PAY A FEE FOR EXTRAORDINARY ELECTRICAL ENERGY USAGE AND TO IMPLEMENT OVERSIGHT PROCEDURES.

This Senate Resolution authorizes a new bill that would require digital asset mining businesses in Arkansas to pay fees to the Department of Energy and Environment for high levels of electricity consumption. The proposed law establishes a tiered fee structure based on monthly energy usage, ranging from $25,000 for moderate consumption to $100,000 for the highest usage levels. It also mandates that these businesses submit usage estimates and documentation to the state and outlines how the collected funds would be distributed to various agencies for oversight and operational expenses. Although the resolution was introduced to enable this legislation, the associated bill ultimately failed to pass during the 2026 session.