Plain English Breakdown
The bill does not provide details on consequences if local legislative bodies do not approve a facility.
Local Approval for Quarry and Digital Asset Mining Facilities
This bill requires local government approval before a quarry or digital asset mining facility can be built in Tennessee, with specific notice requirements.
What This Bill Does
- Requires the appropriate local legislative body to approve the location of any new quarry or digital asset mining facility in a public meeting.
- Specifies at least 21 days' notice for the public meeting where approval is sought.
- Recommends that notices be published in newspapers, posted online on the local legislative body's official website, and physically displayed near the proposed site.
- Requires local legislative bodies to notify by mail residents within 500 yards of the proposed facility.
Who It Names or Affects
- Local governments in Tennessee
- Companies planning to build quarries or digital asset mining facilities
Terms To Know
- digital asset mining facility
- A group of computers working at a single site that consume more than one megawatt of energy annually for the purpose of securing a blockchain protocol and generating controllable electronic records.
- quarry
- The extraction, removal, and mechanized processing of stone, gravel, phosphate rock, metallic ore, limestone, marble, chert, sand, dimension stone, or any other solid mineral or substance of commercial value, except coal and deep metal mining.
Limits and Unknowns
- Does not specify what happens if the local legislative body does not approve the facility.
- The bill only applies to facilities constructed on or after July 1, 2026.
- It is unclear how existing facilities will be affected by this new requirement.