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Bill

HR 1014

TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO REQUIRE A DIGITAL ASSET MINING BUSINESS TO PROVIDE NOTIFICATION BEFORE PURCHASING OR LEASING LAND OR A BUILDING OR BEGINNING CONSTRUCTION.

2026 Fiscal Session Introduced by Ron McNair

Arkansas bill requiring cryptocurrency mining businesses to notify authorities before purchasing land or starting construction operations.

Died in House Committee at Sine Die adjournment.
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WeVote Research Nonpartisan
Bill Summary · HR 1014

Legislative bill overview

HR 1014 is an Arkansas bill that would require digital asset mining (cryptocurrency mining) businesses to provide advance notification before purchasing or leasing property or beginning construction. The bill authorizes the introduction of a nonappropriation bill, meaning it establishes the framework for such notification requirements without directly appropriating state funds.

Why is this important

Cryptocurrency mining operations consume substantial electricity and can strain local power grids, generate noise, and impact property values in surrounding areas. Communities have increasingly sought advance notice of such operations to prepare infrastructure, assess environmental impacts, and engage in land-use planning before mining facilities arrive.

Potential points of contention

  • Property rights concerns: Requiring advance notification may be viewed as imposing burdensome regulatory requirements on private business transactions and land purchases, potentially discouraging mining operations from locating in Arkansas.
  • Enforcement and definition ambiguity: The bill doesn't specify what constitutes adequate "notification," who must be notified, how far in advance, or what consequences exist for non-compliance, leaving implementation questions unresolved.
  • Economic development trade-offs: Arkansas may want to attract cryptocurrency mining as an economic driver and job creator, but this requirement could make the state less competitive compared to neighboring jurisdictions with lighter regulations.

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

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