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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2021 Alabama Legislative Regular Session
  5. 2021 Alabama House Bills
  6. HB372 Alabama 2021 Session

HB372 Alabama 2021 Session

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In Committee
Contents hide
  • 1 Bill Summary
  • 2 Bill Actions
  • 3 Bill Calendar
  • 4 Bill Text
  • 5 Bill Documents

Bill Summary

Sponsors
  • Andrew Sorrell
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

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.

Subjects
Taxation

Bill Actions

Action Date Chamber Action
February 24, 2021 H Pending third reading on day 9 Favorable from Ways and Means General Fund
February 24, 2021 H Read for the second time and placed on the calendar
February 9, 2021 H Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund

Bill Calendar

Type Date Location Description
Hearing February 24, 2021 Room 617 at 13:30 House W&MGF Hearing

Bill Text

Download HB372 Alabama 2021 Session PDF

Bill Documents

Type Link
Bill Text HB372 Alabama 2021 Session - Introduced
Fiscal Note Fiscal Note - HB372 for Ways and Means General Fund
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