Signed as Law: Alabama Repeals State Capital Gains Taxes on Gold and Silver
MONTGOMERY, Ala. (May 17, 2024) – Today, Alabama Governor Kay Ivey signed a bill into law repealing the state capital gains tax on gold and silver bullion. Sen. Tim Melson introduced Senate Bill 297 (SB297) on April 4. Alabama repealed the state sales tax on gold,...
Signed by the Governor: Alabama Law Prohibits Credit Card Codes to Track Firearms Purchases
MONTGOMERY, Ala. (May 7, 2024) – Yesterday, Alabama Gov. Kay Ivey signed the Second Amendment Financial Privacy Act into law. It prohibits financial institutions operating in the state from using a credit card merchant code to enable the tracking of firearm and...
Alabama Senate Passes Bill to Repeal State Capital Gains Taxes on Gold and Silver
MONTGOMERY, Ala. (May 1, 2024) – On Tuesday, the Alabama Senate unanimously passed a bill that would repeal the state capital gains tax on gold and silver bullion. Sen. Tim Melson introduced Senate Bill 297 (SB297) on April 4. Alabama repealed the state sales tax on...