WeVote
Log In

Bill

Bill

SR 10

TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023 AND TO AMEND THE UNIFORM MONEY SERVICES ACT.

2026 Fiscal Session Introduced by Bryan King

Arkansas resolution authorizes future amendments to the state's data center tax incentives and money services regulations, but provides no details on proposed changes.

Died in Senate at Sine Die adjournment.
0
WeVote Research Nonpartisan
Bill Summary · SR 10

Legislative bill overview

SR 10 is a resolution that authorizes the introduction of a nonappropriation bill to amend two existing Arkansas laws: the Data Centers Act of 2023 and the Uniform Money Services Act. The bill itself does not make substantive changes but rather permits future legislation to be drafted that would modify these statutes.

Why is this important

Data center legislation affects tax incentives, infrastructure investment, and economic development in Arkansas, while the Uniform Money Services Act governs financial services like money transmission and cryptocurrency. Amendments to either could impact business regulations, tax obligations, or consumer protections, making this an authorization step for potentially significant economic policy changes.

Potential points of contention

  • Lack of specifics: The resolution provides no details about what amendments are being considered, making it difficult for stakeholders to evaluate potential impacts before a full bill is introduced
  • Data center incentives: Previous data center acts have drawn scrutiny over tax breaks and subsidies; unclear whether amendments expand or restrict these benefits
  • Money services regulation: Changes to money transmission rules could affect fintech companies, cryptocurrency businesses, and consumer protection standards, but the scope remains undefined

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.