Arkansas Lawmakers Push Crypto Mining, School Voucher Reforms in Fiscal Session

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Arkansas lawmakers are seeking to introduce non-budget bills during the current fiscal session, including measures to regulate cryptocurrency mining operations, modify the state's school voucher program, and increase the homestead tax credit. The proposals face a high bar to advance, requiring a two-thirds vote in both legislative chambers.

Why it matters

The fiscal session is typically limited to budget-related legislation, so these non-fiscal proposals represent an unusual move by lawmakers. The crypto mining regulations aim to address concerns about the strain on utilities and infrastructure, particularly in rural areas, while the school voucher changes seek to cap funding and limit eligibility. The homestead tax credit increase could provide relief for homeowners.

The details

Green Forest Senator Bryan King has filed multiple resolutions to roll back parts of the 2023 Arkansas Data Centers Act. The proposals would give local governments more control over crypto mining operations, require fees for high energy usage, and increase oversight of water use. Other lawmakers are considering changes to the state's school voucher program, including capping funding at $5,000 per student and limiting eligibility to those already enrolled in private school prior to the program's creation. Additional proposals include raising the homestead tax credit by $75 and creating a fund to distribute at least $2 million annually to each county for infrastructure needs.

• The current fiscal session is underway in 2026.

What they’re saying

What’s next

The measures face a high threshold to advance, as lawmakers must first approve their introduction during the fiscal session.