Alabama · 2025 Regular Session · Bill
SB 282: Virtual currency, declares preemption of virtual currency or cryptocurrency regulation by the Legislature and exempts virtual currency from ad valorem tax
Did not advance Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
- Did not advance
Last official action: ·Record last updated:
Plain-language summary
SB 282 is a bill introduced in the Alabama Senate on April 1, 2025. According to its official title, it concerns: Virtual currency, declares preemption of virtual currency or cryptocurrency regulation by the Legislature and exempts virtual currency from ad valorem tax. Primary sponsor: Will Barfoot (Republican). Most recent recorded action (May 6, 2025): Currently Indefinitely Postponed.
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
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Will Barfoot | Primary sponsor | Republican | Senate | 25 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Currently Indefinitely Postponed
- Read for the Second Time and placed on the Calendar (Finance and Taxation General Fund)
- Reported Out of Committee House of Origin
- Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
- Pending Committee Action in House of Origin (Finance and Taxation General Fund)