AL SB17

Prohibits Alabama from restricting use or storage of digital assets, imposing additional taxes on digital asset payments, or restricting digital asset mining operations.

Exempts transactions under $200 using digital assets as payment from capital gains taxes, with the threshold adjusted annually by Consumer Price Index.

Prevents state and local governments from enacting zoning or noise restrictions specific to digital asset mining businesses or imposing requirements not applied to data centers.

Exempts digital asset mining, node operation, and staking activities from classification as money transmission or securities under Alabama law.

Effective October 1, 2025; preserves municipalities' ability to require business licenses and state's ability to collect standard taxes on equivalent non-digital transactions.