SR 10

1 State of Arkansas
2 95th General Assembly
3 Fiscal Session, 2026  SR 10
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5 By: Senator B. King
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8SENATE RESOLUTION
9TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION
10BILL TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023;
11AND TO AMEND THE UNIFORM MONEY SERVICES ACT.
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14Subtitle
15TO AUTHORIZE THE INTRODUCTION OF A
16NONAPPROPRIATION BILL TO AMEND THE
17ARKANSAS DATA CENTERS ACT OF 2023 AND TO
18AMEND THE UNIFORM MONEY SERVICES ACT.
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21 BE IT RESOLVED BY THE SENATE OF THE NINETY-FIFTH GENERAL ASSEMBLY OF THE
22 STATE OF ARKANSAS:
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24THAT Senator King is authorized to introduce a bill which as introduced
25 will read substantially as follows:
26
27 "Title
28 AN ACT TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023; TO AMEND THE UNIFORM
29 MONEY SERVICES ACT; AND FOR OTHER PURPOSES.
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31 Subtitle
32 TO AMEND THE ARKANSAS DATA CENTERS ACT OF 2023; AND TO AMEND THE UNIFORM
33 MONEY SERVICES ACT.
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35 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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*MBM259*  04/06/2026 3:01:13 PM MBM259
  SR10
1      SECTION 1.   Arkansas Code § 14-1-604(e), concerning the exemption for a
2 person engaged in home digital asset mining or operating a digital asset
3 mining business under the Uniform Money Services Act, is repealed.
4      (e)   A person that is engaged in home digital asset mining or that has
5 a digital asset mining business shall not be considered a money transmitter
6 under the Uniform Money Services Act, § 23-55-101 et seq.
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8      SECTION 2.   Arkansas Code § 23-55-102(15)(A), concerning the definition
9 of "money transmission" under the Uniform Money Services Act, is amended to
10 add an additional subdivision to read as follows:
11(v)    engaging in home digital asset mining or
12 operating a digital asset mining business under the Arkansas Data Centers Act
13 of 2023, § 14-1-601 et seq.
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15      SECTION 3.   DO NOT CODIFY.   A person engaging in home digital asset
16 mining or operating a digital asset mining business under the Arkansas Data
17 Centers Act of 2023, § 14-1-601 et seq., as of the effective date of this act
18 shall apply for licensure under the Uniform Money Services Act, § 23-55-101
19 et seq., on or before September 1, 2026."
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204/06/2026 3:01:13 PM MBM259