# Alabama HB483: Virtual currency, declares preemption of virtual currency or cryptocurrency regulation by the Legislature and exempts virtual currency from ad valorem tax

Alabama HB483, Virtual currency, declares preemption of virtual currency or cryptocurrency regulation by the Legislature and exempts virtual currency from ad valorem tax, is a 2025 Regular Session House bill sponsored by Mike Shaw (Republican); status failed, last action 2025-05-06 (Currently Indefinitely Postponed) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/AL-HB483-2025rs
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Alabama HB483
- State: Alabama
- Session: 2025 Regular Session
- Title: Virtual currency, declares preemption of virtual currency or cryptocurrency regulation by the Legislature and exempts virtual currency from ad valorem tax
- Status: failed
- Chamber: House
- Introduced: 2025-04-01
- Last action: 2025-05-06, Currently Indefinitely Postponed
- Sponsor: Mike Shaw (Republican)
- Cosponsors: 10
- Subjects: Government Administration
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Mike Shaw (Republican), House
- Cosponsor: Bill Lamb (Republican), House
- Cosponsor: Chip Brown (Republican), House
- Cosponsor: Craig Lipscomb (Republican), House
- Cosponsor: Kelvin Lawrence (Democratic), House
- Cosponsor: Kerry (Bubba) Underwood (Republican), House
- Cosponsor: Leigh Hulsey (Republican), House
- Cosponsor: Margie Wilcox (Republican), House
- Cosponsor: Neil Rafferty (Democratic), House
- Cosponsor: Parker Moore (Republican), House
- Cosponsor: Prince Chestnut (Democratic), House

## Actions (5)

- 2025-05-06: Currently Indefinitely Postponed (House)
- 2025-04-17: Read for the Second Time and placed on the Calendar (House)
- 2025-04-16: Reported Out of Committee House of Origin (House)
- 2025-04-01: Read for the first time and referred to the House Committee on Ways and Means General Fund (House)
- 2025-04-01: Pending Committee Action in House of Origin (House)

## Bill text

- As Introduced: [PDF](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2025RS/HB483-int.pdf)

## Related bills

- HB52: Income Taxes; to make technical changes to the funding provisions of the CHOOSE Act credits and increase funding, and to extend the sunset date for deductions… (enacted)
- SB331: Barbour County, compensation of the judge of probate further provided for (enacted)
- SB102: Medicaid; providing presumptive eligibility to pregnant women (enacted)
- HB445: Cannabinoids found in hemp; licensure and regulation of sale of consumable cannabinoid products by Alcoholic Beverage Control Board imposed (enacted)
- HB357: Tobacco products, heated tobacco product definition and tax provided for (enacted)
- HB349: Russell County; sheriff, salary further provided (enacted)

## Sources
- [As Introduced (PDF)](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2025RS/HB483-int.pdf)

## Related
- [HB52: Income Taxes; to make technical changes to the funding provisions of the CHOOSE…](https://policyrisk.com/state-bill/AL-HB52-2025rs)
- [SB331: Barbour County, compensation of the judge of probate further provided for](https://policyrisk.com/state-bill/AL-SB331-2025rs)
- [SB102: Medicaid; providing presumptive eligibility to pregnant women](https://policyrisk.com/state-bill/AL-SB102-2025rs)
- [HB445: Cannabinoids found in hemp; licensure and regulation of sale of consumable cann…](https://policyrisk.com/state-bill/AL-HB445-2025rs)
- [HB357: Tobacco products, heated tobacco product definition and tax provided for](https://policyrisk.com/state-bill/AL-HB357-2025rs)
- [HB349: Russell County; sheriff, salary further provided](https://policyrisk.com/state-bill/AL-HB349-2025rs)
- [Alabama bills](https://policyrisk.com/states/alabama/bills)
- [Alabama state hub](https://policyrisk.com/states/alabama)
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Source: PRIA, https://policyrisk.com/state-bill/AL-HB483-2025rs (as of 2026-10-16).