Alabama 2025 2025 Regular Session

Alabama Senate Bill SB282 Introduced / Fiscal Note

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FISCAL NOTE 
Senate Bill 282
Committee: Finance and Taxation General FundSponsor: Senator Will Barfoot
Analyst: Riley Aaron	Date: 04/15/2025
Senate Bill 282 as introduced would exempt virtual currency from ad valorem taxation. Virtual
currency is not currently subject to ad valorem tax, and due to this, this bill would not directly
affect state or local funding.