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HB318 Alabama 2020 Session

Updated Feb 25, 2020
HB318 Alabama 2020 Session
House Bill
Expired
Current Status
Regular Session 2020
Session
1
Sponsor

Summary

Session
Regular Session 2020
Title
Virtual currency, exemption from ad valorem taxation provided, Sec. 40-9-1 am'd.
Description

Under existing law, virtual currency is currently not subject to ad valorem taxation.

This bill would exempt virtual currency, herein defined, from ad valorem taxation.

Subjects
Taxation

Bill Actions

H

Rereferred from FS to W&MGF

H

Read for the first time and referred to the House of Representatives committee on Financial Services

Bill Text

Documents

Source: Alabama Legislature