SB297 amends state tax law to exempt net capital gains from the exchange of precious metal bullion from state income taxes.
The Alabama State Senate passed SB297 on April 30, 2024 by a vote of 34 to 0. We have assigned pluses to the ayes because this bill strengthens monetary values in Alabama and is a strong step toward restoring constitutional money and the gold standard.
| Legislator | Vote |
|---|---|
| Greg Albritton | Yes |
| Gerald H. Allen | Yes |
| Will Barfoot | Yes |
| William M. Beasley | Yes |
| Lance Bell | Yes |
| Tom Butler | Yes |
| Joshua Carnley | Yes |
| Clyde Chambliss | Yes |
| Donnie Chesteen | Yes |
| Merika Coleman | -- |
| Linda Coleman-Madison | Yes |
| Chris Elliott | Yes |
| Vivian Davis Figures | Yes |
| Sam Givhan | Yes |
| Garlan Gudger | Yes |
| Kirk Hatcher | Yes |
| Jay Hovey | Yes |
| Andrew Jones | Yes |
| Keith Kelley | Yes |
| Wes Kitchens | Yes |
| Steve Livingston | Yes |
| Tim Melson | Yes |
| Arthur Orr | Yes |
| Randy Price | Yes |
| Greg J. Reed | Yes |
| Dan Roberts | Yes |
| David Sessions | Yes |
| Shay Shelnutt | Yes |
| Bobby D. Singleton | Yes |
| Rodger M. Smitherman | Yes |
| Robert Stewart | Yes |
| Larry Stutts | Yes |
| J.T. 'Jabo' Waggoner | Yes |
| April Weaver | Yes |
| Jack W. Williams | Yes |