SB282 — Virtual currency, declares preemption of virtual currency or cryptocurrency regulation by the Legislature and exempts virtual currency from ad valorem tax

SB282 — Virtual currency, declares preemption of virtual currency or cryptocurrency regulation by the Legislature and exempts virtual currency from ad valorem tax · Informed CitizenryThis bill amends Section 40-9-1 of the Code of Alabama 1975 to exempt virtual currency from ad valorem taxation. The bill defines "virtual currency" as a digital representation of value that is not…Open in Informed Citizenry