SB78
To Amend the Arkansas Data Centers Act of 2023; to Prohibit Foreign-Party-Controlled Ownership of a Digital Asset Mining Business; and to Declare an Emergency.
View official title
TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023; TO PROHIBIT FOREIGN-PARTY-CONTROLLED OWNERSHIP OF A DIGITAL ASSET MINING BUSINESS; AND TO DECLARE AN EMERGENCY.
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Said about this bill
House Convenes
Matched: “SB78 J. Bryant”
Morning hours ended madam clerk please read senate bill seventy eight. Cinember seventy eight by representative of close I mean the arkansas data senators act of twenty twenty three to prohibit foreign party controlled ownership of a digita...
Agenda items (1)
City, County & Local Affairs Committee- House
Matched: “Senate Bill 78 and Senate Bill 79. If anyone like this, uh, speak today fo…”
Senate Bill 78 and Senate Bill 79. If anyone like this, uh, speak today for against those bills, you can sign up. Uh, at this time, we will mov'e forward at this time, we'd ask, uh, Senator Bryant and Representative mcclure to come and pres...
...hope we can get through here today before I go into the context and contents of Senate Bill 78. I want to take a step back and look at the broad context of what House Bill 1799 we're now act 851 put forth to the citizens of Arkansas. I, I t...
... to deal with this, we would like the State to deal with this. So as we look at Senate Bill 78 what that attempts to do is treat crypto mining in, in, in partnership with Senate Bill 79. Treat crypto mining more is like how we deal with rac...
...ere's going to be a window of time in between State regulatory control. If we can get Senate Bill 79 through, versus if Senate Bill 78 goes through, there'll be a window while we promulgate rules and get things set up for this industry that
...p, the reason that both of these are in the bill. Uh Both of these are not only Senate Bill 78 Senate Bill 79 and they are identical originally, they were, they took a little bit of different routes. Senate Bill 78 originally as filed took ...
...s is a permitted and permittable activity. And so that is in and that show what Senate bill 78 tens to accomplish, um, and clarify and with that, I will turn it over to Representative mcclure if he has anything to that. >> Uh I just want to...
...e massively annexed over the, over the decades. And so to answer your question, Senate Bill 78 if it stood alone, the burden would still be on local, um, not say that locals can't attempt to control it, but they would have a much harder tim...
...I was just kidding. Um You just discussed a moment ago that there are some differences in regulation between SB 78 and SB 79. But then you said previously that you thought that these two bills were complimentary. How will we reconcile those
of SB 78 that do repeal sections of act 851 that allow a broader authority if they choose to take it are applied. The parts that the Association of Counties and the municipal League would say were good with Act 851 remain intact. All we're ...
Senate Convenes
Matched: “SB78 J. Bryant TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023; T…”
ballot by about a twenty six yay three may three not voting in three present. Senate bill seventy eight passes and the corresponding emergency clause is adopted please transmit to the house is there any items any items at the best yes madam...
City, County & Local Affairs Committee - Senate
Matched: “SB78 J. Bryant TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023; T…”
Senate Convenes
Matched: “SB78 #1 J. Bryant TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023…”
...hour has expired we will now begin the business agenda getting with amendment one to senate bill seventy eight amendment one to send it off seventy eight cent a brian you're recognized thank you madam president this amendment just clarifies
City, County & Local Affairs Committee - Senate
Matched: “…r Sen. Joshua Bryant REGULAR AGENDA Number Sponsor Subtitle SB78 J. Bryant TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023; T…”
senate bill seventy eight center bright your recognized presents your amendment thank you mister chair so the amendment just is and go through pages page one thirty five the first page original language of the bill filed is is section I wou...
... your bill so if you were recognized proceed with your bill and members that is senate bill seventy eight thank you mister chair so certified seventy eight uh obviously is an attempt to clarify local control and to make sure that local cont...
Documents (3)
- Agenda — CITY, COUNTY & LOCAL AFFAIRS COMMITTEE- HOUSE, Apr 30, 2024 · April 30, 2024
- Agenda — CITY, COUNTY & LOCAL AFFAIRS COMMITTEE - SENATE AND HOUSE, Apr 23, 2024 · April 23, 2024
- Agenda — CITY, COUNTY & LOCAL AFFAIRS COMMITTEE - SENATE AND HOUSE, Apr 18, 2024 · April 18, 2024