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
To amend Section 40-9-1, Code of Alabama 1975, relating to exemptions from ad valorem taxation; to exempt virtual currency from ad valorem taxation.
|February 27, 2020||H||Rereferred from FS to W&MGF|
|February 25, 2020||H||Read for the first time and referred to the House of Representatives committee on Financial Services|
|Bill Text||HB318 Alabama 2020 Session - Introduced|