Alabama · 2025 Regular Session · Bill
SB 17: Digital assets, prohibits the state from certain actions related to digital assets and exempts certain actions from classification as a security or money transfer
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 17 is a bill introduced in the Alabama Senate on November 19, 2024. According to its official title, it concerns: Digital assets, prohibits the state from certain actions related to digital assets and exempts certain actions from classification as a security or money transfer. Primary sponsor: Coleman (M). Most recent recorded action (February 4, 2025): Read for the first time and referred to the Senate Committee on Banking and Insurance.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Government Administration
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Coleman (M) | Primary sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Read for the first time and referred to the Senate Committee on Banking and Insurance
- Pending Committee Action in House of Origin (Banking and Insurance)
- Filed