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HB372 Alabama 2021 Session

Updated May 6, 2021
HB372 Alabama 2021 Session
House Bill
Expired
Current Status
Regular Session 2021
Session
1
Sponsor

Summary

Primary Sponsor
Andrew Sorrell Auditor
Republican
Session
Regular Session 2021
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

Indefinitely Postponed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund

Bill Text

Download Introduced PDF

Votes

HBIR: Sorrell motion to Adopt Roll Call 401

March 11, 2021 House Failed
Yes 42
No 21
Abstained 25
Absent 15

HBIR: Warren motion to Reconsider Roll Call 402

March 11, 2021 House Passed
Yes 60
No 32
Abstained 2
Absent 9

HBIR: Warren motion to Adopt Roll Call 403

March 11, 2021 House Failed
Yes 37
No 44
Abstained 10
Absent 12

Documents

Bill Text (Introduced) HB372 Alabama 2021 Session - Introduced

Source: Alabama Legislature