SB 79 - Authorizes the Arkansas Gas and Oil Commission to Regulate Crypto Mines - Arkansas Key Vote
Fred Love Did Not Vote on this Legislation.
Timeline
- Senate Bill Passed
- April 24, 2024
- Introduced
- April 17, 2024
Related Issues
Stage Details
Title: Authorizes the Arkansas Gas and Oil Commission to Regulate Crypto Mines
Vote Smart's Synopsis:
Vote to pass a bill that authorizes the Arkansas Gas and Oil Commission, a subdivision of the state's Department of Energy and Environment, as the agency to regulate crypto-mining.
Highlights:
- Specifies that the Arkansas Gas and Oil Commission as the agency with the authority to regulate crypto-mining (Sec. 1).
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Amends the Arkansas Data Centers Act of 2023 (Sec. 1).
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Amends Arkansas Law to provide for the licensure, permitting, and regulation of digital asset mining business and businesses that utilize a blockchain technology and networking (Sec. 1).
Title: Authorizes the Arkansas Gas and Oil Commission to Regulate Crypto Mines