Financial Institutions and Businesses; authorizes gold and silver bullion and coins as legal tender
SB 130 would allow refined gold and silver bullion (bars) and certain coins marked with weight/purity to be recognized as legal tender in Alabama, meaning they could be used for payments. It directly affects Alabama businesses and consumers, though businesses would not be required to accept these forms of payment - except as agreed in contracts or under specific laws. The bill defines legal tender as coins/bullion meeting purity standards and ensures no liability for refusing such payments, effective October 1, 2025. This is a state-level policy change limited to Alabama, not affecting federal currency rules.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2025
Committee Review
Mar 2025
Senate Passage
Mar 2025
House Passage
Apr 2025
Signed into Law
Apr 2025
Introduced Feb 6, 2025
Signed Apr 14, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Introduced
→
Enrolled
·
3 edits
·
Apr 14, 2025
MINOR
The bill transitioned from its introduced draft version to its final enrolled form, adding official signatures and certification pages while retaining the same core legal provisions. The substantive policy content regarding legal tender definitions and requirements remained unchanged throughout the legislative process.
TECHNICAL
Added official enrollment certification pages with signatures from Senate and House leadership, dates of passage, and Secretary certification.
Updated bill version number from WQIXE5E-1 to WQIXE5E-2 to reflect final enrolled status.
Removed introductory draft markings and placeholder text from the introduced version.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
17
Key actions
6
Committee
4
Apr 1, 2025
Lower · Passed
Motion to Read a Third Time and Pass - Adopted Roll Call 595
lower
Mar 19, 2025
Lower · Passed
Reported Out of Committee Second House
lower
Mar 4, 2025
Lower · Passed
Pending Committee Action in Second House (Financial Services)
lower
Mar 4, 2025
Upper · Passed
Motion to Read a Third Time and Pass - Adopted Roll Call 253
upper
Feb 19, 2025
Upper · Passed
Reported Out of Committee House of Origin
upper
Feb 6, 2025
Upper · Passed
Pending Committee Action in House of Origin (Banking and Insurance)
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tim Melson
RRepublican
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