Arkansas 2024 Fiscal Session Status: Passed Senate

SR 12 — TO AUTHORIZE THE INTRODUCTION OF A NONAPPROPRIATION BILL TO PROHIBIT THE USE OF A COMPUTER OR SOFTWARE MANUFACTURED, ASSEMBLED, OR DEVELOPED BY A COVERED FOREIGN ENTITY IN DIGITAL ASSET MINING.

Last action — Sine Die adjournment

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2024 Fiscal Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

How this bill changes current law

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AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill prohibits the use of certain computers and software in digital asset mining if they are manufactured or developed by entities defined as covered foreign entities.

  • Arkansas Code § 14-1-603

    (13) "Covered foreign entity" means an individual, foreign government, or a party other than an individual or foreign government: (A) On the Consolidated Screening List or Entity List as designated by the United States Secretary of Commerce; (B) Domiciled in the People's Republic of China or the Russian Federation; (C) Under the influence of or control by the government of the People's Republic of China or the Russian Federation; or (D) That is a subsidiary or affiliate of an individual, government, or party referred to in subdivisions (13)(A)-(C) of this section.

    This addition defines what constitutes a 'covered foreign entity' for the purposes of this law.

  • Arkansas Code Title 14, Chapter 1, Subchapter 6

    14-1-606. Use of computer manufactured or software developed by covered foreign entity. (a) A digital asset mining business or digital asset miner shall not use in the course of digital asset mining or home digital asset mining: (1) A computer that is manufactured or assembled by a covered foreign entity; or (2) Software that is developed by a covered foreign entity. (b) A digital asset mining business or digital asset miner in violation of this section is, upon conviction, guilty of a: (1) Class A misdemeanor for a first offense; and (2) Class D felony for a second or subsequent offense.

    This section introduces a prohibition on using specified computers and software in digital asset mining, along with penalties for violations.

Action History

  1. Sine Die adjournment

  2. Read the third time and adopted.

  3. Read the first time, rules suspended, read the second time and placed on the calendar.

  4. Filed

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 137 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (137)

137 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

immigration technology
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Frequently asked questions

Who sponsors SR 12?
SR 12 is sponsored by Bryan King.
What is the current status of SR 12?
This bill died with 2024 Fiscal Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SR 12?
Track SR 12 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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