2025 Regular Session • Alabama Legislature
SB282
Legislative Summary
Virtual currency, declares preemption of virtual currency or cryptocurrency regulation by the Legislature and exempts virtual currency from ad valorem tax
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
4/1/2025
Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
Senate
4/1/2025
Pending Senate Finance and Taxation General Fund
Senate
4/16/2025
Reported Out of Committee House of Origin
Senate
4/17/2025
Read for the Second Time and placed on the Calendar
Senate
5/6/2025
Currently Indefinitely Postponed
Senate
Status Information
Current Status
Introduced(4/1/2025)
Chamber
Senate
Sponsors
Republican: 1
Primary Sponsor
Will Barfoot
Republican