City, County & Local Affairs Committee - Senate

Since urban if you insert your brian which I present uh irregard the type table together or born your amendment separately may say the member state copy the amendment okay alright since you're brian we're going to start with yours and that is basically 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 would I would I needed to do is air sections b and c just to clarify bore further as far as what this technology means in the in the way of what is an enclosed structure look like and when is additionally permissible to use a certain type of structure that is otherwise we'll be considered not closed and on page two at the very top week conferred standing there is a a an issue brought up to if nobody's playing a complaint with the state law about noise who had standing if it's not the county or the state who would be so we had a language in there for any any property owner within two thousand fear that property line will have standing in circuit court to sue the next section which is the the bulk of the amendment is merging foreign ownership uhm prohibition with senator urban spill so anywhere if both these for to pass we did not want these laws to conflict my original language took language out of the aggregate agricultural provisions will in just. Tweaked and refined it based on the case pleading services things going through the courts hers took a little narrow approach so with our attorneys and bill are in the ages office and the governor's office we compress those to get the content to make sure they match that they wouldn't have any conflict and code and that takes us to really the last page of the last page of the top of the section just gives a applicability and they do not call it by section is when all these when will this go into effect there is the other bill remains the same okay all right members have heard an explanation of the amendment or early questions. Alright see no question take a most motion to their stolen separate second consideration a key all in favor of say I opposed to congratulations to your moment has been adopted and would that if there is any change if you want to proceed with their build prominent standing the amendment is the bill essentially it's it's probably thirty percent the bill talk about what you're going to proceed in present you're senator ur in the ute yes we can we can talk about these both together and I can go through my amendment if you want to go ahead and do the fine doing that so if you want to explain your minimum central urban members that has senate bill seventy nine yeah so as senator bryant stated we weren't conjointly to make sure that we had the strongest language possible so your amendment basically remy basically replaces the bill uh that's before you to make it easier on our staff were engracing so if you look at that and we go through section one is consistent with uh what is what is required and and that is consistent with the current bill you have the ownership and the foreign this is the foreign language and section three again when I just state that we made sure that we line these things up together we are at zero percent for an ownership with heavy penalties and this is directly would go towards the ages office they were they ages offers would be have direct jurisdiction with with this provisions of a foreign ownership and then there's penalties uhm at basically that section in the amendment which is the bill and goes through an outlines and details their ages. Abilities but as a relates to foreign ownership if you look on page four of the minute again this goes to the penalties uhm which would be assessed at one million dollars or twenty five percent of fair market value and then if you go down those penalties would then be divided between the attorney journal and that all and gas commission finds because in this and then that are in this bill we are their main primary purposes to add a layer of state regular regulation to provide basic uh framework of our site in collaborations and conjunction with your local government authorities and so if these penalties are assessed then fifty percent would go to the attorney in general and fifty percent to the old gas commission and then further you have legislative intent section and then definitions which are consistent worth what are found in the arkansas data center is the act which are also consistent with senator bryant information and then the difference between the two but where these are connected is with that that all and gas commission and that's penalties um you have the permit and the application why we go through all and gas commission is because based on a recommendation from the department of energy and environment and um in secretary corey and miss lauren uhm they worked on this language in all and gas commission goes through the administrative procedures act which would give this legislative body the authority in approval of rules and regulations that would be promulgated through and under all and gas they also are a permanent function division of energy and environment so it fit in their review and their statute statutory capabilities so the language in that portion of the amendment uh is there for that reason. And and then you have the application for initial permits which again speaks to the promotion of a rules and regulation process and then the emergency clause so that is the amendment which is actually also the bill okay members you've heard an explanation of the amendment there any questions said for hammer you're recognized for question thank you would you just clear five for me the balance between what we just did with the other bill and the amendment in the fifteen percent for an ownership and your bill that i'm looking at right has zero percent born out of ship would you just clear from that for me between you know please senator hammer originally in the bill I file cinema seventy eight at fifteen percent I took it to zero effectively I was going to anyway but because our language needed to merge we merged in together they're still both zero there effectively the same language and the amendments should zero percent because what's going to prevail zero percent okay just there is no no more fifteen percent okay and just want to make sure on there and the campus second one mischief you would ask for a second question thank you sir the existing facilities coming under the regulations that are proposed in your bell senator can't be can't be rectorative but from this point forward if they fall into violation that's where they could be either penalized but also I was read through this for a quick they could also be shut down her before to sease operations can you speak to that yes so even if they are they are currently operating this prevent per permit them time to get the permit but again his bill this is why these two are conjoined would be effective immediately and if they're in violation then they would be abl. They would be shut down or if there is more and ownership it offers emergency costs where that would also occur to speak further that center hammer so both bills whether content foreign ownership provisions or the others with local control enactment and always available issues both are going to be considered a weak corrector activity I mean we we have given them a run away to meet the standards of a new of the law and they'll have to comply that's in the last section of of my memory the applicability where you've been in ninety days to comply with the noise provisions of the state or what local control requires of them whereas the foreign ownership we are giving them three hundred and sixty five days to divest their foreign ownership before the age you can take action and so if they don't come in compliance then technically they'd be shut down and they'd be they'd be turned they'd be done there there yeah and there's two like I said these are these are very companies because until the rules can get uh adopted by alc will have to fall underneath the contrary standing to the property owner or to the local jurisdiction of an ordinance is past that gives them that local control and if if neither of those happen you can wait until uh energy and environment passes the and gets the parallels adopted in and they will have standing to make them comply with stay long and the messages center brian di- so does alc her barrel approval of these rules is like to go to rules and then fall through full of alc for approval yes yes that's per more gas commission they require the following of the appear more yes regard for or more thank you in a reading here the two thousand foot rule and I was flipping through it real quick on the amendment but did say in the amendment that if it's under two thousand foot that the property owner within the two thousand foot would be able to go through the court in order to get a represent from that but then and the other one I read. That it required that they had to be outside two thousand foot in order to get that can you help me in the amendment is just conferring standing anybody within that radius has standing to sue the other one is the state law that we're acquired them to be outside of two thousand feet or with local approval be within that for the radius so if there's one that's within two thousand feet currently operating and their skills into effect walk me through how that place is so that would go with with with count really county government so and II can really that you know the deeper once we talk about this substance of the bill just brief and through would be if a local county government does not want to pass any type of organizer law that gives them that authority which is what substance the bill allows them to do now again county government has to provide a prevail under uh a planning regime or zoning regime counties typically don't want to do that there are about happens in counties that attempt this the remaining carriers that don't do that they'll have to do a broad provision of often always save for example in in this case if the county chooses to nothing a land owner within that can force the courts to require them to fall the state law good thank you I wish you thank you center senator solomon in this double field based on chair so I see the next page I think it's page five uh talks about when the industry presents harm what triggers an investigation yes so again what turkey's an investigation with all in gas commission would be upon a complaint or so I have a complaint to whom to all gas commission and then the oversight I guess in the rules they will. I at what point are we will be told how regularly those investigations on side visits and such occur we gave great latitude to the department to create rules and regular case in the rule that they'll be regular on side investigations or others on a regular basis now to come about through rule well it would come back through rule but really it was our intention that it would be a part of complaint okay yeah yeah we were not seeking the the world gas commission to expense they resources to continually check these the local authorities at the best eye on this and it think something is wrong or have a complaint by citizen they can initiate that commission okay thank you matt also are just say on the foreign ownership aspect of it it would be a pine any information received by the ages offers the others two different thank you thank you sir someone stole chris germany so to burn the germany any provision and deal with the in regard to you this in military intelligence with these are going to be polite now i've never got it would be a big I will say in our legislative intent section in my amendment that we do have the ability for rules and regulations um uh if you look on page five we do have this covered under d potential issues in bobbing cyber security so they do that it is within the legislative intent and within the per view of all the gas commission if they so choose to create rules and regulations surrounding the issue of potential issues and bobby and super security so we we did made that consideration but there's nothing prescriptive in the language but there's nothing to prevent these means they'll close to a milton installation. Only an unless that gets uh developed through rules and regulations in a previer or a legislative council then the presidential yes or local control if low it's a local authorities want to provide a a broad ordinance about how these coming to their communities the cities already do this and have been able to do this there's been crept online and operations in our cities for over a decade to just play by the rules uh now counties basically take wasn't to hammer stringing them but the counties are choose to do this will have the authority to do this are that all are to drama organized for a question and just want to make sure i'm tracking correctly we're going to we we adopt amendment then when you come back and have a build our discussions on the bills you know public comment etc thanks just I just would need a motion to adopt my moment any more questions for members see more questions going to motion to adopt from center mckey second central rise all in favor say I opposed a member stand adopted alright senator urban center bright your recognized to present your bill suitable in a start with yours insurer amendment was not entirely of 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 control does have the authority to regulate within their jurisdictions so the first part of the of cyni- bill seventy eight kind of clarifies that in individuals acting in their individual capacities do have the right to do mining within their home and so the first two lines are struck which is why it's ten a and b. And they're placed similar to on their own on page three sections everyone into north digital asset mining in the home is limited to the confines of what your utilities can provide you base that your normal retail rate so this is a harbie this is something you're your personal computer is able to do if you so choose to do it if you choose to buy a two or three in the confines of your home that is a hobby and that's that was the intent of the original language I just cleaned it up to make sure it wasn't about a business it was about home mining if you want to operate a business out of your home with this and declare that then you can you must follow local guidelines and local orders it's been in order to you know just do it as a harvey the interest was that you can you have that permission to do that the so local control additionally on second page like we've struck in any ordinance concerning operations in safety and just put any ordinance which means any dead digital asset mining me opera in the state if the comply with any orders we've also struck in the language regarding the enactment or adoption of any ordinance policy or action at limits of sound as well as generated from home or any other limits that for plus in generally it will also struck impose a different requirement for the last mining business other than the requirement for any other data center and then we struck language resonant area with the intent or effective discriminating against the digital asset mining business now the original intervention fifty one was for the current operators that I have enjoyed operation in our state to be able to be treated like any other business and not get preciously discriminated against in the event somebody just did not like what they were doing now obviously that intent really plays out better in the cities and it as the counties wants to build past we knew that these facilities that were already been built in our counties and coming online. Need to be a basically control so fifty of our counties pass ordinances dealing with sound as opposed with these facilities analysts finance but if we within the wall but what the law did say was once it is an active and these are up and running you can't write to actively income preciously remove them by a discriminating ordinance so the countries that pass these ordinances these facilities operating but those orders were not restrictive enough and so that the notion to repeal the law would not again give these counties just back ability to do this unless they set up that planning regime or is owning routine in which our counties typically do not want to do there's been county washington county critic county I believe in free examples that do have a planning regime and could put these facilities in a functional box the other counties have to do something more broad and more created to regulate these in frankly several work county judges that they they don't want that responsibility they want people to enjoy the counting however quiet enjoyment is a right of property as well and so give me back local control to make sure they can affection their own organizes to control these facilities is the internet the section six of the bill is really for those count- i'm sorry not section six section three page two section three the bill deals with no ways so the industry really knows what the noise is generated from and that's obviously the noise of the servers and the noise of the fans and so as these are both operating in the heat of the summer or you even in the winter as we've seen up in bono noise is obviously less than what the ordinance says but it's still quite debilitating if you're within a certain distance so where we've done is that is what i've recommended we do as a as a. Stay is to apply noise reduction techniques including without limitations a few of these things which is used liquid or some schooling if you play a video of a liquid or some urge cool system they basically generate no noise the second option is the fully and close the envelope of the facility which means basically you're in a four sided roof to building if we flip over into a page one of the amendment to this bill what i've done is i've cleared by some exceptions because you can have a container that has four sides in a roof but one side of it is luvered vaiance in that generates a lot of noise so that deal with that qualify as a foresight enclosure and the answer is no not unless you go into section c which means uhm so basically what we're calling there is it for enclosed envelope does not include utilizing a passively called pre manufacturer container without additionally enclosing envelope that's been to make sure we're not your splitting hairs there section c says hey you can use that if you are two thousand away from the nearest habitable structure or commercial operating a commercial building or if you have an area industrial use or otherwise approved use miniature zoning system so that kind of pushes that out to where the functional decimal level is zero at that two thousand feet which really goes right into who has the the building to confirm standing in that if you're within two thousand p and they're not complained then that person has standing to sue a circuit court to make sure they apply with the law the next section deals with foreign ownership I think senator urban has has gone prevalent detail for an ownership it is zero they've got three hundred and sixty five days to divest in tiger and compliance with the wall to those functionally where we're trying to do this address what who control. I'll give me it for way back to them those that do not want to utilize the will control the state has some perview over it ideally through regulations senator urban's bill puts through and then address this foreign ownership so at that I am open for questions right thanks sir mavori going further here what the question I do ever the you know for separate brought sir earlier is it is intent to try to you know adopt these amendments and then you know should be the world that's committed to passive bills out of here out here today we do need to get those on the step forward in order for these amendments to be engrossed however because of the short time in the how we schedule this meeting to present these bills if there is a need to come back on tuesday to hear more public testimony on these bills would you will be willing should these bills come out of this committee today to refer these bills back to city county local committee in in in order to hear more public comment if that is necessary or becomes a clear yes the record make sure that we were all understanding that members I had had its conversation with protein hester not we do need to get these amendments adopted and in order to get them and grows we do to get them out of the committee not at the senate floor however to make sure that we are allowing adequate time for public comment specifically just want to make sure that the bill sponsors were agreeable to that if they need to come back to city county local okay thank you very much members you've heard of their presentation of the bill from center bride are there any questions for members senator key you are recognized for a question that he was chairman center brian center of and would you say that the provision on foreign ownership from those bad actor countries in certain ways mitigates the need for prohibiting location near a military property I feel I feel so it does it the way these the systems functions it's it's really targeted to a certain function of the box chain network about chain networks are used by our fortune five hundred companies to secure their transactions they're just doing it. There are looking for crypto solving for critical currency they're just keeping a ledger which is on the same level of what these facilities are capable of bringing up thank you I share the exact concerns which is why I wanted to include that language and they are legislative intent on some of the security because of senator subulfield at point terminate given her follow up again not represent centralized your regards for a question thank you either one of you I think maybe a laptop two year actually this question is there anything that you have heard that could be misconstrued our may be used out of the intent beyond the digital asset manning business for noise levels we have current commercial industries running head noise levels in the areas there are is or anything in their situation concern with that that could cause problem to that's outside of the digital mind I guess it uh our can speak to that and i'll let him because we work so closely together on this all week and there's so many people I want to thank for their hard work on this with us and i'll i'll get that back no because we were moved the decibel level in in the my original bill because a that's hard to regulate and be it is specific to the the industry but what we did do as we strengthen the language pass it relates to noise in his legislation because it's easier to regulate to ensure that it's a built properly to prevent that noise from ever reaching um an agree just level. And again that is from industries that we're not getting no it's complied from because where they're zoned and now or whether at even if they were in a rural area I didn't want to get them called yesterday as I have not heard of anything this is house inside a certain title that is for data centers one area that we did strike was obviously comparing these to a traditional battle center that way we make sure we don't lose other operators I would like to enjoy our state's business community I could just all your debt thank you thank you center rice alright central hammer you're recommended for a question thank you let me play devils I have kid for me on the whole ownership side of things I know the economics of it you'd spoke to before about the economic snot really being feasible for some later try to set up but but at what point her house is defined when it transitions from being home ownership or home business to actually fall blown that would fall under regulation where's where's the line I think for for the for an intent of this it is is probably based on nuisance but the line as far as a business would be a I believe it's in their regional language where the consumption of power is a certain level in so if you if you have a home and if if energy wanted to speak to this you know homes typically have four hundred and so really if you want to attach these systems to your home inside in the consume introduce really going to know if you're high user and then I believe that they have the ability to penalize even high users and with additional fees or rates but to me that the the functional level of the business is it goes up into the megalite usage that's where functionally you start having the noise and the nuisance issues and so anywhere inside of its zone you would have basic complaints to the local authorities and they could fluctuate police powers and. He and that investigation if you were out and the county it come down to the two thousand for all and then you be investigated okay so do you anticipate or do you see any road flocks through the rule making processes away this is written that something could be incorporated that would there's gap is some sort of trigger mechanism because if i'm trying to look for end around through the law which is what people do we may splaws and then they figure in around and we come back and fix it we do what we do but do you do you see in the rule making processor if you thought through that maybe in the rule making process there could be something that could be a trigger to identify that I mean just because the utility company may see a high power you see and they may want to penalize them would that necessarily stop somebody from moving to the next level i've proceed it's it's a potential because our idea for the rule making process would be to address energy uses to make sure there is a rate agreement to with the provider make sure there is a water agreement for those facilities that you connect to our water supplier of wellheads to make sure that ownership is sufficient to make sure that that a security or cyber security is addressed so II think with the complaint process there will be a mechanism for energy environment to investigate those complaints as well as local control having the four authority to also investigate and hand pass they could pass their own provisions of what a business looks like to this to this issue which could be done through the county or the minister through zoning processes commercial there's properties subject to for sure through the city of its counties that don't have planning or zoning would have a different challenge but that's also the challenge of living in a world community art thank you sir pretty recognized for a question thank you. Chair just to clarify I think what I heard you were saying in it but I don't want to assume anything you when you return referring to power usage in a home the the powered demand of of of a real new sense as part would probably be prohibited from a normal wiring another home for the same reason you don't have twelve deep freezes in the normal home because of the power demand on the the the two phase or three phase set up is that what you were trying to refer to as well absolutely you know homes they'll have three phase power they have single face power and so you know you're limited to will with the capabilities of the infrastructure are then you're limited to your actually in your home and then you're using your homes air conditioner or you're generating heat in the winter off these things and it's just economically not feasible to really create the nuisance that we're dealing with with mining businesses alright any more questions for members where I see no for questions I don't have anybody signed up to speak for or against this bill alright was to world committee as amended and we have a motion to pass as amended from said for hammer second from central petty all in favor say I opposed congratulations center in your bill passes as amended all right senator urban thank you members and again available for questions as I went through the limit it really is the bill so i'm happy to take any questions with that I want to acknowledge um all the people that helped work on the bill um and and i'm here as representing my folks and bono who have been literally on the front lines of it of an incredible nuisance I really want to thank representative mcclorence and our brian for their diligence and hard work. As well as secretary cory and law and with that department of energy environment representative more representative wing very grateful for you and represent a more representative with um and they have been on the front lines of this as well so on behalf of those citizens and bono and deep with an other places uh is what has motivated us to bring this this bill before you we also want to think mattie miller with AB l r we could not have done what we have done without him and he worked around the car so a really really just appreciate that I also my fault or county judge and faught nor can the administrator are here in the room with us and I just appreciate their also expertise they've been working on the fishy on the front lines and helped both of us with the language in our bills and are here and support those bills so with that I just add it will answer any questions II think important where you need the state regulatory system and oversight provides great legal standing for our citizens and I think our citizens deserve that in the facing this new in emerging industry uhm a and particularly rural areas that don't have the level of capabilities to to enter into any type of an agreement with this type of an industry we want to be able to provide that level of state oversight and protection and regulatory function for them as well so that is the purpose of the bill and again to make sure that this party has fall approval through rules and regulations with the wall and gas commission was also a huge part of that and tracking this industry and providing this good legal standing from for an ownership with the attorney general's office so with that I really am grateful to everybody further do delicious and hard work thanks center even since you were gonna ask for a question. So dervin you are addressed fact that uh when this is this passes and there's not other amendments that do all the gas commission would provide rules and bring those to legislate council uh do you have anything at a timeline we hear their more these coming online and you would expect if they've got one in the works are going to try to push it on through it's quick as possible is there any time when you could give us for the possibility another here in the room but II don't really I couldn't you you probably would be honest that question better as tear of all the than I could but I would just think that we follow normal you would have to have public comment periods and and everything so i'm i'm guessing a six month time frame what is the timeline if this bill passes in governor plans it again we have an emergency clause so we would be able to begin immediately on trying to promulgate rules and regulations I would just say the emergency clowes would be uh critical to the assets were looking at it thank you thank you members anymore questions from members of the committee okay since just a whole bill you're right for questions this is a question as possible for a long time wouldn't china could have destroyed interest in these minds why wouldn't they build them a chance to pull III can address what I my research has will let me to understand and we do have some minor industry representatives here that can probably expand a little better but the big coin bit coin us as crypto currency is decentralised it is a transact it is a commodity that has transactional use amongst its members that government cannot control they can see it they can follow it they can track it but they can't control it. And so you know for a country that generates you know one one power system every five days it's not about an environmental concerns it was about control over a over a committee that can be used as a currency and so they dismiss them from their borders because they didn't have control over there there's another reason to bring challenges on the infrastructure and it's electric read to support these things they put such AAA great power to me the band on the power bridge that really is in the southern united states of the only place exactly tennessee georgia hobama arkansas china will be a while will not let him hear word letting because of the tremendous demand I put on the park here we are morning to turn our country and just solid and which is going to and we're closing the uncle far generate plans we're going to an energy crush ourselves and I think we take one thing for brain we turn on the lots of a morning you know which pictures come on somebody they might not come on it I thank you for the questions that in our second file that's why we want to this to be at the zero percent for an ownership as the definition as it exist we want to kick him out in the following regardless of of who owns them else for his american into it entities I too share that concern I think if we if we don't have our partnerships at the pse and our power providers telling us hey I know we're selling power we're selling it cheap were able to expand our grid but we also want the information when hey we need to pull these back or slow these down because the juices are worth the squeeze. And I think part of the regulations of going underneath energy environment they can actually start to monitor these how those conversations so maybe the future policy is to limit or you know not have any more these within our borders of our state and so III support that ongoing conversation which I think both these bills uh target to continue to have appreciate that central brian II do believe this is a starting point not an indian point in the conversation as it pertains to the overall you know block training crypto data money in industry there is of language in the original right to mind bill and I see you know mister bethlehew with a energy and my last can become up here in a second but if you could explain upon that because there was something in there that I did actually like that reference specifically if there is not a demand on the electronic red that these utility providers in electronic butters would be required to limit how much electricity they could supply so with that senator bryant can if you can kind of touch on that just briefly yes so so part of the rate agreement so accept these things are they not they're not economically viable unless you have a low though weight of monetary conception of electricity so that the rate agreement is he enter g or willing cooperative if you provide an approved by the psy if you can provide this at a lower rate as a wholesale rate we agree to go offline with notification so on these health several days or any time there's AAA load on the on our paragraph crypto miners get the call they have to shut now now parliament and part of the agreement is they put a bond you know a very high balance where they do not shut down and cause an issue power companies and pse can of minister actually fluctuate that bond to recover if they continue to be a bad behavior they lose their rate agreement. And I go from paying five six cents back up to twelve thirteen cents which basically ruins their business model and they can no longer effectuate how it's bad behavior to find there that they don't they don't get off the grid and they cause an issue on the great power companies can see that they monitor it and if they don't comply within the time frame or what that time brain is sector john you and mister berfari which comes thirty minutes or several hours but john if we feel recognized yourself until it's here with for the record yes sir mr chairman members of the committee i'm john bethel director public affairs for entrgy arkansas and we have addressed the the concerns as far as reliability associated with the crypto mining customers through the rate where we serve them it's an interruptable rate so that we can upon uh their two two notice periods in the in the rate schedule one group of customers can have thirty minutes notice before in rupt in the other group of customers has an hours notice before interruption and the company gives them notice and then they are required interrupt if they fail to interrupt they are assessed penalties for failure value to interrupt as well as any other cost that they cause on the system for failure to interrupt and then if they fail to get around more than two uh they can enter they do they fail more than two times in a twelve month period then they are no longer eligible for that service schedule and they go to firm service schedule and the rates for that are more expensive and that's my understanding from the industry is that same both the financial penalty and the lots of the interruptability are strong incentives for those customers to comply with that request and. Based on history with industrial I mean interruptable customers and we've served interruptable customers for a number of years and those customers are responsive when we call upon them direct to interrupt or when my so calls for interruption so I would expect based on the history that this is an an effective way to serve those customers and to protect the reliability for our other customers okay so hammering we're in a question thank you when it when it comes to the priority of interruption where do they fall in relationship to other established businesses or individuals farmers etc would would what's the prior to order as an interruptible customer that served under that schedule they're the first because we will call on those customers in the instance of any need for capacity and energy the interruptible customers of the first customers are getting interrupted because they've taken service with the understanding there that's the the the service arrangement that they've signed up for a and so they are prepared to interrupt most interruptible customers have some level of backup generation to carry some portion of their operations during that interruption and it's my understanding from conversations with the crypto customers that most of them will have some form of back up either a generator or batteries that would carry them through the interruption period is up to four hours upon that thirty minutes notice and so that's so separate and and apart from any other customers on our system those would be interrupted first and they could be interrupted for an issue that entered the identifies or an issue there that the regional transmission organization might so would it in a fab and we call upon them to do that and then they're obligated under the service schedule to to take that action your counterparts in other states were crypto minds are established up and running do you have to know. How many times or if it is a common occurance that they have to shut down maybe that's too big for question based on the variables and different parts when reason curious don't research on the other one II don't have the statistics from other states I do have uh do know their historically with our interruptible customers we have interrupted a few times annually for those customers depending on we have sometimes in the winter sometimes in the summer and so I would expect their these customers like the interruptible customers that we've served for many many years are likely to experience some number of interruptions annually I don't have the data in front of me right now to say what that frequency has been but I do know that that happens some number of interruptions occur each year for that group of customers and now we can trust that with our other customers that's really infrequent for our other customers to be interrupted i'm not aware of the other the last interruption i'm really aware of that of our general body of customers would have been dear in the uh winnerstorm during and in february of twenty twenty one and that was a a also a limited number of customers were affected by there so john is is it up to is it up to the uh the utility provider rather that's energy or a cooper by electricity to shut you know to to shut the crypto that a buying blocking facility up from power during a time or you know increased demand on our electronic red or is it up to the operator themselves to disconnect its uh we give notice to the customer to interrupt in the customer is required to respind to that notice from us to what's a period time thirty minutes a thirty minutes notice for the like I said earlier there with the crypto tear if there are two uh two rate offerings one of them has thirty minutes notice one of them has a one hour notice and so that's we we give him notice at least that foreign and being at. And then would give him notice of of how long the duration of the interruption would be in its under the terms of the right schedule it would be for up to four hours okay and then if if if there's two or more instances per year or every twelve months where they do not disconnect a respond to that thirty minute notice that they would be the could be subject to it enhanced to rate and but at the end of that swammer period it resets if they if they only if they only failed to interrupt twice they would stay on the schedule both times they would be subject to the financial penalties associated with the cost that they cause and then there's a surance that they're going to pay that because to get on the schedule one of the requirements is they have to provide a surely bin that's adequate to cover the level of penalties that you would expect and so that that mind is there if the customers not able to pay out of their own means there's a bind to cover that payment so what the the way we structured the rate schedule is we worked to identify risks that those customers pose to our other customers and that's in terms of reliability and then also financial reason for you to address the reliability risks with the interruptibility and we've addressed the financial risk by the shirty bind to cover any penalties as well as they hit they also pay an additional deposit that's greater than our other customers and so they would our other customers would be insulated because they are if they were to leave or fail to pay their bill we have a deposit sufficient to do that with an ordinary customer would pay AAA two months deposit these customers pay a three month depressed so we've got financial protection and then thirdly they also pay all the cost of of construction of facilities required to serve them on the friend before they take service and so we believe we at least we identify the potential risks that they post to our other customers a. And made sure that the rate schedule under which they're served covers that in the public service commission reviewed an agreed with us on there okay thirty minutes ago I know this is in my opinion this is a big the starting point not an indian point I would say that I think it's obvious that these operators of that at free deposit and then pay into construct you know the facilities of the apparatus that goes when to provide anything with the city they're making some money going on and ask you this a major speak for energy he represent energy but in comparison to the rest of the country were as aukosau in relation to our utility race what we're paying for electricity or we on the high end or we all the cheapened we're on the low and we're very competitive which is good for arkansas economic development states are they the cheers position is that this is something that again members this is the beginning point in all this conversations that say where we end up but what they do you know to look at is when you talk about you know a bad actor in my opinion it's not just a four ownership you know there could be you know a native or cans and whose roots go his family roots go back two hundred years but if they don't you know respond to that thirty minute notice and shut down it is complete blas- disregard in this respect for every other hour kensing in this state and the fact that we're going to do a reset after you know you know twice and twelve months and then it's going to be a third time I mean there's a good chest you may you may not you may not ever get that shut off notice from energy there may not ever be a time where you have that great way and I mean that's unlikely but there is a possibility but to me there and I think this with the citizens of the state are looking at is that what's more important these facilities you know pay an enhanced in electronic you know you know you know enhanced rate on their electrical usage because they refuse to shut down or that we just disconnect them all together and I think when we talk about good actors and good neighbors that's exactly what our candidates are looking at is that you know that that these these operators is not just their bottom line because of fishes are making plenty of money. They wouldn't be going to all these expenses that are without a proper margin there in the back in our opera graduate that's the objective of every business is to make money regardless of what that industry is but when it comes to electricity which is important to our people not just to business in the industry I think there is something that we do need to look at in you know down the road in the next session and during the world provocation period which we are going to be entering into should this build get you know you know pass today and it passed to decent in the house but I just think an operator that gets to chances every twelve months to find them to get back in the compliance seems a little wafty to me it but that is just my own personal opinion you as chairman that that's the same terms and conditions that are other interruptable customers have operated under for a number of years and like how they use it as much electricity is these as is some use more and so I would point out that that's where that rate schedule has worked effectively based on based on the experience in the industry we believe that it we we are extremely concerned reliability is is top priority for us because and that's important for our customers and so we believe that the way we have designed this rate schedule has taken into account the importance of our customers reliability because that's we want to assure that for our customers and we also want to make sure that all of our customers are are shielded from the risks of these customers and we I believe have structured a fair rate scheduled that accomplishes that objective thank you john yes are all in one word on since your hammer had a question about the residential service I wanted to help that up is the the way the rate schedule is defined the language in the rate schedule itself uh limits that to primarily residential use and that would and that's true today uh bad that your home you could operate a. Uh some level of business activity and still be on the residential rate schedule that you know that that's out but the nature of it is it's it's predominantly for residential purpose and then the character of service is hanging on the second i've made ages showing and i'm need to get this big enough to read it is normally sixty cycles approximately one twenty to two hundred and forty volts or such other roles ages adopted by the company and approved by the public service commission three phase service may be made available for residential use as well but the the nature of residential service is clearly established and so there's a clear break between if you were no longer predominantly for residential use you would then be moved to the commercial tariff and that's that's been in place for a long time and we believe that there's as enough delineation and I am in a historic practice that would make sure that you're not doing predominantly business activity on a residential rate that thanks charter petty organized for a question thank you mister chair certain john you articulate it very well what entertains policies were are those pseased uh set or can you say that the other providers of electricity and arkansas are are the same or similar I can say that the our rates are we we propose and they're proved by the public service commission consistent with the the rules and the standards the public service commission establishes and all electric utilities would operate similarly because they're they're all adopted and everybody's requirements may be a little bit different because all of our circumstances are a little bit different but they're all subject to commission review presently to my knowledge entered she is the only utility with a rate schedule for crypto customers and to my knowledge introduced the only utility that currently serves any of the of the crypto customers okay follow up. So I was I was more in interested in the uh uh the bad actors uh shouldn't shut off noticed situations could someone else decide they're going to give them one opportunity when they do have their interruptible service or three or five for or is that is somewhere in the pse says if you have interruptable service to or one or three there's a range there's not a a commit to my knowledge there's not a public service commission rule that would defend that number but the the utility would bring that rate schedule to the commission and I can't imagine that there would be very much latitude to allow a customer to fail to interrupt more than meal significantly differently than than hours and still remain on an interruptable customer rate and that's the customers understand that as well and there may be circumstances that would be on just being a scuff law in not doing what you were asked to do that might cause a customer to fail to interrupt and so that's why they're it's not just AAA one and now requirement thank you channel there was already more questions from the committee center camera thank which cheer john on the bonding side of things is that uh is that a energy policy or that uh by the pse it uh it was part of the rate scheduled we developed and recommended and presented to the public service commission and they approved that and they agreed that we did that to protect our other customers to make sure that that customer had adequate financial resources so that those costs didn't move from that customer to our other customers and so the public service commission recognized that that bonding requirement like the deposit requirement is intended to shield other customers from having to absorb an unpaid balance and so. Which commission agreed that that was a sufficient customer protection thank there weren't going to mind on this thing is if you know we're here because of the bad actors not because of the good ones among other things. But if i'm a you know me it's just like inflation people just raised course they pay a set on you can set him at a higher rate and make sure of their business model that if they find customer but she'll be and i'm not sure this would be more a new pse or maybe it could be addressed to rules but maybe one of the ideas we ought to try to squeeze in here is if they go above to could we prohibit them somewhere from being bonded because which you do business with somebody that can get bonded no because that's a requirement to take service they have to they have to have the bond right so if you if you have to call their bond then that would put a crypto minor out of business if you had to call their bond because they could purchase electricity if they if they let a certain and am based on what you do that if we if a customer failed to interact and we imposed the penalty and they paid it out of pocket the bond wouldn't come in to play but if they fail to inter in the exercise the bin and then if as a result of that they weren't able to renew the bond and present that again then they would not be eligible to be on the rate schedule on the rage schedule or get electricity at they could get electricity but they would move from the interruption will schedule to the firm schedule the standard break schedule and the rates under the standard schedule are are higher because you're getting firm service you're not subject to interruption the cost of the service is different and it's my understanding from the the the crypto industry can't financially is not financially viable at that electricity rate right then then they press herself out of business by virtue of the address it up which was your point but i'm just saying if we want to put a nail in the car for maybe we have to take a look at the bonding and them not build it bond which would basically choose put him out of it and and that would that would function under the requirement as it is now because if they if they weren't able to maintain that mind that they're not eligible for the rate schedule. Dark thank you yes senator hammer I would just include in legislative intent language that math of consumption of power is part of the legislative finding of this new and emergency industry so we we as well as large quantities of water that could potentially threaten resources for citizens and future economic development opportunities and then the cyber security so we we made that as broadly as possible and four rules and regulations to be developed knowing though that we have this dynamic with the consumption you don't necessarily have that same level of shorty with water usage and so which speaks to why I think it's very very necessary for this bill to pass and provide the state oversight regulatory framework that we need thank you center part channel thank you there is any more questions for members of the committee we do have some people signed up to speak and support of this bill where I start with mister kenneth graves get into you here common yet set right there so welcome is pretty ridiculous you're telling you where your citizens and forward school bill members I see yes like say chairman of the archaeological association minnesota more member and with for thank amendment twenty eight year and a citizen proud citizen of the county of our control will appear having here sir thank you very much and your recommendations proceed with your testimony okay thank you I want to thank the committee for let me have opportunity to speak restore out with something that's not on the table is we don't want crypto in the state I know it's not on the table but that's that's why you are it's no bird to a community the uh the treat them as an industry may in industry is. A business it comes into a community they get involved in the community uh create jobs good paying jobs their good for the economic value of the county the crypto minds when they come in they take they don't give nothing uhm so that's one thing that uh one raise review where against them I had a in individual not to go with the crypto mind here and with came in the work work on something had a guard with the bit bore watching while he was working in our decision there says going to world the area somewhere so he said he should not go back to work there is too so that that's not a good industry if people call that an industry the local government needs control and then outside of the school or member one thing i'm working with school campus is roughly two and a half miles from the crypto man and with we're worried about internet use they could remind us a lot of internet use is that going to take away from our kids are school for them using internet and they're also the noise I heard at one time the noise level was like five miles radius that's not true on grandparents sound travels more than farms my place he got up on more and in the one more exposedly the script of mine the fanned ram for a little bit wind was born in his direction long store short eight and a half miles and probably he heard it inside his house that's going to go further on the grandparents also have been farmer and we have the water and electricity concerns that we've always talked about and told you all about it here what about the water exposure from the site what we're doing with that national security I didn't know anything about this understand what it was. Until last september up until they had not always saw a headline with crypto currency I didn't understand it and I knew I wouldn't go to be messed with it so I didn't read the article but then a friend of mine called tell me about it when they they when I finally realized what it was chinatown by the substation with computers red light one of my i'm taking managed security now I gave central stubborn field natural goal channels come up now with a drun that looks like a bowed eagle flight tell feathers and they got it for the where it can move the wings a little bit probably there's a lot of glad if you look up over top you've all think that's just about equal but they said in the our court that can be used for surveillance i'll try to rapidly be and with the chinese running but the white microwhite balloon the flu crucial at states last year you know they said that was a weather balloon to the shutter then found their different uh even from former sp- standard point some chinese workers when I say chinese i'm saying the chinese government not the people yes that you know they tried sales and rasid technology you know that's that's what they do you know and the one crypto man by the church I don't get works out here in a state how how and moral can that be the chinese government does not care about their people and so on badly they don't care but these people here if that that the tires to be like two first two max four okay uhm so anyway that is never heard anything about this now make of the place at my hour you glad this crypto matter is never hear that so anyway before the meeting I know the combination of the two uhm so uh I hope that works but there again we don't want crypto. Okay so that should raise all a pretty words in your mouth uhm under europe and your point was very well understood that you don't want any crypto is it is it is it is it a fair characterization is say that you believe that these two bills will make it slightly more powerable since it addresses some foreign ownership aspects of noise aspects and the potential for to provide rules and i'm not saying that that at least your support just you're being a support that if it's if a full repeal is not on the table to just europe a forbay and rather is not on the table that this would be more you know i'm i'm scared because I haven't signed up to speak for this bill so i'm just going to make sure that we're before I didn't know the combination of the tow yes sir and so you know that transparent time transit appreciate that yeah yeah the internet religions in our and and well and the reason for the uses for any members of the committee that haven't hurt some of this information of the absolute appreciate that it's it's for there was the main purpose yes sir and so most quit uh the life thing will say even by ninety year old mother and while it's got involved in this she said she had a dream on night that electricity I mean a lightening hit a crypto mine and they said on fire and nobody was in heard both put it out look at any questions members are there any questions for mr graves thank you for being here sir thank you very much with only speak for a lot of our candidates thank you sir okay next time I got mister j lee bowered. And there are a resident of arkansas county welcome so thank you very sure i'm an arkansas county resident land owner and I think the committee in the chairman for bringing this thing together and given this and opportunity to speak or I come here today to speak in favor of the urban and more resolution that you're to be in past here today and we'll move on to formulate at least in part will be a bill we thank you more accurately reflects the needs at least in this initial conversation they are necessary to protect the consideration of normally or console county but or can so as a whole I would like to bring to this committee's attention to things or grew with your assessment or concerns regarding you know what happens in the electrical needs of the given area where crypto man it seems to me from yesterday's conversation on the house lower that there may be as many as fifty more of these crypto mines are anticipated located in arkansas and structural my industry have a farmer and orlando and I also run a large socialist water operation in arkansas county we've turned off thirty five for a world's over the past few years and and we preserve approximately thirty two thousand acre feet of drinking water for the future generations and we don't are supplementing surface water we have large electrical letter of driven really of parts stationed in in a surface water in parliament where we are of tributary from the arkansas and we've met all the legal requirements about the state local federal level to to do what we do. It's not uncommon in july in august and even in early september when the tempter shareholder and everyone's air conditioners are running wire open to get notices from energy and the other providers of electricity that that uh brown outsource or stopage may occur and in fact when it does occur if it causes a single phase in it can swap up about a hundred thousand gallons of minute of surface water to gain our farmers crops and I would suggest you that an industry that is a soldiers are concerned we were build energy we are bold cooperative electric system because with their customers and while you may have a thirty minute and I appreciate that or an hour before option notice cause of single phase that occurs in mars system and i've got twelve fifteen thousand acres of rice farmers who reliably hoods are under our responsibility and you shut me off try understop a hundred thousand gallons of minute of water it was like trying to get in favor to buffalo and stop there because we start wash your head pressure the things that have gone to happen in its control at their point came and were at the end of that decision to turn their electricity of because of situation where the demand is hard and the ability to do ever at the end of that in somebody's foreign and operation in if in area if I can back to them because we've bought up a mother we've bought up six motors in its two thousand and twenty four. Not two thousand and fourteen my ability to come in in fan replacement parts or replacement motors may or may not be successful in if i'm not successful it's going to become a real big deal for somebody can the second thing that i'd like to buy and this communist attention is to stop water code to water plan of our consultant which is now uh to review the last time we did one was in two thousand and fifteen of each out and saw shirts within a critical groundwork designated area at both the state and federal level and we were all subject to the lawsuit that was just decided in november of twenty two which is just as roberts or pand of the seven states that depend on and sport are quite for for all fans of human consumption there must be a reduction that is determined at least five million acre feet of a a very discontinued use on and realize basis otherwise the laws of their are quicker and wanted scale it's gone forever one could a few million gallons of water and it's not a big deal but what is a big deal as there is coming out of an arka for that we depend upon for human consumption twenty mins may be a bit of a concern if you live nearby the world or arm free or can saw or any number of the small communities to have an aging infrastructure that depends upon water when they depend upon spader according to. And they are they are in a in a ball because of lay usage i'm sure a lot about the heavy metals about the in the pfa's forever chemicals as because that's because the drawer down on the across as such there were now if you can invasion a bowl that shaped like a tallet bowl were when I was a kid and I started farming and that mid seventies the water was here it's now here and we're at a dangerous level in the draw down to what causes these little small municipally war systems to fail and they're failing all across the state came so anything as a state government and its concerned citizens product business by the business we all have to look each other and they are realized that we've got laws in the state of arkansas service that we have and for water number one is metro municipal number two agriculture number three industry and everybody else's number four chesses roberts said that the concern will have to be a part of the solution to respond to declined otherwise we'll be looking at equitable opportunity now that will become uh nightmare in state government that will become man nightmare as a private business he'll become every farmer's nightmare who depends upon water because for the first time in a history that the scratch will face less water and taxes on that water so I strongly have friends here in our power pop your efforts to to bring forward sensible. All solutions because they are coming a new industry that we know nothing about in those cases we don't know the players some of the police they will know about we don't like this as they consumptive industry are concerned has been real discovered you know before it was the natural state was the land of opportunity that's found arkansas and some of it's not so good I think these bills do a fabulous sharp of addressing some of the what I call tier one concerns the noise level senator I will represent and our friend mister brian our trying to address those and I speak in favor of the more early bill in our achieve as a body to think about the unintended consequences but when we have to try to make calmination for a new industry because this is not the only time we're going to have this conversation thank you very much thank you sir would you be open to any questions to him where you're recognized for questions are that this year but little lad to now be really brief yes i'd like to john bethel back up to the table longside him because on a call up john what was I think in dismissing you earlier thank you so if the crypto minds obviously are targeting areas where there's low electrical consumption and path of least resistance which in our probability I could see that they'd be moved into the eastern part where you know your county is if it came down when it comes down to who gets shut off because of of those like the pumps in the rights fields and stuff. And he make the decision did arbitrarily across the board shut i'm all off if they're in that high usage or do you have a priority status as far as the crypto mine would be shut off for before the farmers would be shut off or any other industry as a told you earlier our uh or described earlier power interruptable customers will be the first to be interrupted in any circumstance is a farmer and interruptable customer the only interruptible service i'm aware of is some of our irrigation customers may have the opportunity to subscribe for interruptible service all of our interruptible schedules there other than the crypto schedule have at least four hours notice for the interruption I believe and it's a bit a rate schedule that's approved by the public service commission buyer i'll learn all interruptible customers will be interrupted before any other customer is interrupted and if there is a circumstance where we see the need for capacity and energy on a given day we're going to notify our industry interruptible customers that you're subject to interruptable on this day and and if the circumstances warrant we will tell them you're going to be interrupted in this window of time but we put him on notice when we are aware either based on notification from the regional transmission organization or from our own observation of the the circumstances and we would give them notice such possibility and then if the circumstances continue we would give the motives we are going to interrupt you so that happens before the anything else happens and then we have an established order of curtailment for all other customers in the event of a circumstances it would cause us to she had loader interrupt other customers and so the but the order of of interruption is going to be the interruptible customers first. Any any time and there and in what happens with their is when they're interrupted the the purpose of that is to make sure that we don't be interrupt the other customers and the only circumstance that we cause an interruption of the other customers would be an extreme event that it and I like I said the other the only extreme event that i'm aware of in recent history that has caused an interruption of any customer other than our interruptible customers was during the the winter storm uri during twenty twenty one with the exception of storm events that made damage facilities and take take facilities out and customers interrupted that way but otherwise we're not in a rep that the the incidences of interruptions other than are interruptable customers are rain okay simple answer our farmers on the interruptable list it's my understanding that a farmer or land over my elect to be under a more favorable right structure which could cause them to be on an interruptable schedule correct if if a customer shoes is to be on internet doubles go to schedule when whether it's a farmer or somebody else they choose to do that with the understanding that they will be called upon or can be called about interrupts and otherwise if they're if they've not made the contest choice to be on interruptible service they're not then so they they're treated just like all other customers here so I want to express if it's a pse for stergy whatever coop whatever I would I would be really irked if it came down to a crypto mind versus a farmer even if they're on the interruptable I would i'd be really it it will not be a good day at the capital if that happens and I think that it would warn. Making sure that the crypto minds or at the top of the list even if they're on that system before we do to a farmer they are because the crypto mining customers have shorter notice for interruption they have more frequent interruptions in any other customer the rate schedule they are subject to more interruptions in a twelve month period than any other interruptible customer so that we have in the order of interruption the crypto customers have the shortest notice before they are interrupted they have the most number of interruptions in a twelve month period of any of our interruptable customers in all of our interruptible customers have volunteerly selected that rate schedule because it fits their business operation and it's financially beneficial for them to do that and so yes the crypto customer would be interrupted first and more frequently then the rest of though the body of customers thank you may I respond to serb the only thing that I would suggest this committee is there whenever these rights for negotiated with the energy endowments understand me i'm a consider myself to be a partner with energy because we've been there for a long time and they've been there for a long time for us and we expect for that to continue to happen but a lot of suggests to you goes back to the chairman's community which is you know there's there's a level of profitability saying to take some gravity that the clip claim that they cannot operate financially a successfully unless they ever prefer right uhm what i'm not suggesting is that the rates the rights of electricity will probably negotiate when cryptos was somewhere short of twenty five thousand dollars a bit coin today there somewhere in north of seventy thousand dollars of dead coin. In the time of the coin operator in their hundred thousand dollars a bit coin and you send me a notice that you about that I need to shut off in thirty minutes and i'm not in for a hundred thousand dollars a bit coin i'm probably not going to pay attention to you and that's where the problem may come in we care predict that we can only talk about it and we can so that if someone is if someone is so disrespectful to a community that they would come in inside a crypto man in terms of the eighty equivalent site was less than one acre which required no permitting at all only to discover that it's four breakers and now there's a well being driven being real and private citizens have been subpoenaed who spoke out against it that i'm a suggestion a hundred thousand dollars a bit it's highly like within are going to shut off all right sir stop affiliate yes sir can you tell me what a crypto mind produces in regard to what's the central him half nothing okay they search them third part members of any more questions members of the committee center solomon so disregard one's disregard for a penalty would be that be like kind of spring people experting fields and the penalty for spring I feel there's a lesson what the penalty is well actually if you should play with that discussion a while back here actually if you spread a person's failed with if i'm a farmer land owner and and i'm responsible for spraying chemical of some type that real silver into another person's crop uh is not approved for and it kills that person's crop or damage that persons crap or someone's garden then i'm financially responsible. The applicator who commercially applied that crowd there are no there are no provision I can see very well where energy and the other electric providers are perfectly protected in this environment and they should do very well financially i'm just not so sure how any of the rest of us are protected so you know our nation has a a great history of innovation yes sir and a great history of new businesses starting I can't recall one that didn't have an upside downside controversy when they started agreed act from the automobile agree and for us to characterize this businesses wine that has a uh downside that we don't know is typical of what innovation is in our nation I don't decide we've been we've heard how many are cancelled are invested in and arkansas crypto and arkansas hundred and ninety thousand was at the number I don't recall center there are people invested in the crypto and arkansas and although they may not have if their investment pays for their house payment and pays for their food i'd say yes there are things that they provide their valuable to the state of arkansas so I take a little exception to the answer that it has no value how they got to have we don't know about the value issue it may be upside and maybe downside it's most likely a combination of both but I hate to demonism too much before we know the answer to there thank you mister chair thank you center our members more questions from the committee was it was was our large number barcans and invested in in run and suspect there were thankfully I was not one of them the other thing that I would respond to my friend sender solvens which march is as you know a crypto mind producers. A nativation which becomes under the rights that a circumstances becomes a digital asset that's in the toy in a block change that's what it is it is a value transaction that is decentral channel gave the excuse for kicking amount two thousand and twenty one because of currency manipulation and money laundering our own federal government has issued several warnings that we are under a digital attack by china and other foreign government unlike anything this country is ever say at the same time we are experiencing an influence of chinese or foreign owned or domestic crypto manners in arkansas we are becoming preferred destination seems to me like the two bills that are before or the two resolutions that are before you hear to the idea where the the first here of how do we solve citizens problems we're not going to know the outcome of the national security issues for some time I suspect that we will and fortunately the candidate knows that we get in these areas where I ran where china were certain middle eastern countries north korea the news it's never good we know the crypto currency is the preferred money laundering tool because it is difficult once it leaves and exchange it becomes very difficult to try and if it guess what it ultimately gets monetarized in what us dollars is just harder to this is how. People who would do you and in this country in this is how they finance their operations today because it's expedient for them it's less risky for them they don't have to if you are way in and you have a tighter load of all you don't have to go into international waters and try to find somebody to bill on it for dollars they'll give you a suit case for cash you get a digital transfer in the august delivery somewhere a point of order I think we're off the topic consider understanding rated in value that's in the bill I think we've had good debate and I think the bill will take a big step in moving the state of arkansas in the right direction agree so without a more question for me was the committee uhm celture urban are you close for your bill I would appreciate a good votes alright we've got a motion do pass consider solvent as amended second from senator hammer all in favors please signify by saying I opposed congratulations to europe in your pills but has as amended thank you so much been by members we are before we join them that i'm going to go ahead and publish on the agenda for tuesday fifteen minutes upon a journal germant or at the call the chair so with that we are adjourned.