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
<p class="bill_description"> Under existing law, virtual currency is not
currently subject to ad valorem tax</p><p class="bill_description">
This constitutional amendment will exempt
virtual currency, herein defined, from ad valorem
tax</p><p class="bill_entitled_an_act"> Proposing a constitutional amendment to the
Constitution of Alabama 1901, to exempt virtual currency from
ad valorem tax.
</p>
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 |