Hearing
House Ways and Means Education (House) Hearing
Room 200 at 09:00:00
SB297 Alabama 2024 Session
Updated Jan 14, 2026
SB297 Alabama 2024 Session
Senate Bill
Enacted
Current Status
Regular Session 2024
Session
1
Sponsor
Summary
- Primary Sponsor
-
Tim Melson SenatorRepublican - Session
- Regular Session 2024
- Title
- Precious Metal Bullion, exchange excludes net gain from gross income, grants net capital loss deduction from gross income
- Description
This bill would exclude from gross income of individuals the net capital gain derived from the exchange of precious metal bullion.
This bill would also include as a deduction for individuals from gross income the net capital loss derived from the exchange of precious metal bullion.
- Subjects
- Taxation & Revenue
Bill Actions
S
Enacted
S
Enacted
S
Delivered to Governor
H
Signature Requested
S
Enrolled
S
Ready to Enroll
H
Motion to Read a Third Time and Pass - Adopted Roll Call 1123
H
Third Reading in Second House
H
Read for the Second Time and placed on the Calendar
H
Reported Out of Committee Second House
H
Pending House Ways and Means Education
H
Read for the first time and referred to the House Committee on Ways and Means Education
S
Engrossed
S
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 859
S
Melson motion to Adopt - Adopted Roll Call 858 VXCJLVP-1
S
Finance and Taxation Education 1st Substitute Offered VXCJLVP-1
S
Third Reading in House of Origin
S
Read for the Second Time and placed on the Calendar
S
Reported Out of Committee House of Origin
S
Finance and Taxation Education 1st Substitute VXCJLVP-1
S
Re-referred to Committee in House of Origin to Senate Finance and Taxation Education
S
Read for the Second Time and placed on the Calendar
S
Reported Out of Committee House of Origin
S
Pending Senate Finance and Taxation General Fund
S
Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
Calendar
Hearing
Senate Finance and Taxation Education (Senate) Hearing
Finance and Taxation at 10:00:00
Hearing
Senate Finance and Taxation General Fund (Senate) Hearing
Room 727 at 15:05:00
Hearing
Senate Finance and Taxation General Fund (Senate) Hearing
Finance and Taxation at 11:00:00
Bill Text
Votes
Motion to Read a Third Time and Pass as Amended - Roll Call 859
Yes
34
Absent
1
Melson motion to Adopt - Roll Call 858 VXCJLVP-1
Yes
34
Absent
1
Third Reading in House of Origin
Yes
34
Absent
1
Motion to Read a Third Time and Pass - Roll Call 1123
Yes
100
No
1
Abstained
2
Third Reading in Second House
Yes
100
Abstained
2
Absent
1
Documents
Bill Text (Enrolled)
SB297 Alabama 2024 Session - Enrolled
Bill Text (Engrossed)
SB297 Alabama 2024 Session - Engrossed
Bill Text (Introduced)
SB297 Alabama 2024 Session - Introduced
Amendment
Senate Finance and Taxation Education Finance and Taxation Education 1st Substitute
Fiscal Note
Fiscal Note - As Introduced
Fiscal Note
Fiscal Note - As Passed First Chamber
Fiscal Note
Fiscal Note - As Passed First Chamber
Source: Alabama Legislature