2024 Regular SessionAlabama Legislature

SB297

Legislative Summary

Precious Metal Bullion, exchange excludes net gain from gross income, grants net capital loss deduction from gross income

Bill History

4/4/2024
Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
Senate
4/4/2024
Pending Senate Finance and Taxation General Fund
Senate
4/18/2024
Reported Out of Committee House of Origin
Senate
4/18/2024
Read for the Second Time and placed on the Calendar
Senate
4/18/2024
Re-referred to Committee in House of Origin to Senate Finance and Taxation Education
Senate
4/24/2024
Finance and Taxation Education 1st Substitute VXCJLVP-1
Senate
4/24/2024
Reported Out of Committee House of Origin
Senate
4/25/2024
Read for the Second Time and placed on the Calendar
Senate
4/30/2024
Third Reading in House of Origin
Senate
4/30/2024
Finance and Taxation Education 1st Substitute Offered VXCJLVP-1
Senate
4/30/2024
Melson motion to Adopt - Adopted Roll Call 858 VXCJLVP-1
Senate
4/30/2024
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 859
Senate
4/30/2024
Engrossed
Senate
4/30/2024
Read for the first time and referred to the House Committee on Ways and Means Education
House of Representatives
4/30/2024
Pending House Ways and Means Education
House of Representatives
5/1/2024
Reported Out of Committee Second House
House of Representatives
5/2/2024
Read for the Second Time and placed on the Calendar
House of Representatives
5/7/2024
Third Reading in Second House
House of Representatives
5/7/2024
Motion to Read a Third Time and Pass - Adopted Roll Call 1123
House of Representatives
5/7/2024
Ready to Enroll
Senate
5/7/2024
Enrolled
Senate
5/7/2024
Signature Requested
House of Representatives
5/7/2024
Delivered to Governor
Senate
5/20/2024
Enacted
Senate
5/20/2024
Enacted
Senate

Amendments

Senate Finance and Taxation Education Finance and Taxation Education 1st Substitute

Senate Finance and Taxation Education Finance and Taxation Education 1st Substitute VXCJLVP-1

4/24/2024Not Adopted

Roll Call Votes

Third Reading in Second House
5/7/2024
100
Yea
0
Nay
2
Not Voting
1
Absent
Result: PASSED
Motion to Read a Third Time and Pass - Roll Call 1123
5/7/2024
100
Yea
1
Nay
2
Not Voting
0
Absent
Result: PASSED
Third Reading in House of Origin
4/30/2024
34
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Melson motion to Adopt - Roll Call 858 VXCJLVP-1
4/30/2024
34
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Motion to Read a Third Time and Pass as Amended - Roll Call 859
4/30/2024
34
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED

Status Information

Current Status
Passed(5/20/2024)
Chamber
Senate
Sine DiePrior Session

Sponsors

Republican: 1

Primary Sponsor

Tim Melson
Tim Melson
Republican

Documents

Enrolled
Bill Text5/7/202494.3 KB
Engrossed
Bill Text4/30/202495.3 KB
Introduced
Bill Text4/4/2024525.2 KB
Fiscal Note
Fiscal Note1/1/1970686.4 KB
Fiscal Note
Fiscal Note1/1/1970686.4 KB
Fiscal Note
Fiscal Note1/1/1970687.4 KB