Hearing
Senate Banking and Insurance (Senate) Hearing
Committee Room 320 at 09:30:00
SB187 Alabama 2024 Session
Updated Jan 14, 2026
SB187 Alabama 2024 Session
Senate Bill
In Committee
Current Status
Regular Session 2024
Session
1
Sponsor
Summary
- Primary Sponsor
-
Merika Coleman SenatorDemocrat - Session
- Regular Session 2024
- Title
- Digital assets, regulates digital asset operations
- Description
In general, digital assets broadly refer to any digital representation of value which is recorded electronically, such as virtual currency or cryptocurrency.
This bill would prohibit the state from restricting the use or storage of digital assets, levying additional taxes on digital assets, restricting digital asset mining, or enacting zoning restrictions or noise restrictions specific to digital asset mining.
This bill would exempt digital asset mining, staking, and the operation of a node from classification as a security or money transmission.
This bill would also define terms.
- Subjects
- Telecommunications & Utilities
Bill Actions
S
Pending Senate Banking and Insurance
S
Read for the first time and referred to the Senate Committee on Banking and Insurance
Calendar
Bill Text
Documents
Bill Text (Introduced)
SB187 Alabama 2024 Session - Introduced
Bill Text (Introduced)
SB187 Alabama 2024 Session - Introduced
Fiscal Note
Fiscal Note - As Introduced
Source: Alabama Legislature