HB177 Alabama 2020 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2020
Title
Taxation, ad valorem tax, virtual currency exempt from ad valorem tax, const. amend.
Description
Under existing law, virtual currency is not currently subject to ad valorem tax
This constitutional amendment will exempt virtual currency, herein defined, from ad valorem tax
Proposing a constitutional amendment to the Constitution of Alabama 1901, to exempt virtual currency from ad valorem tax.
Subjects
Constitutional Amendments
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 6, 2020 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB177 Alabama 2020 Session - Introduced |