HB 303 Alabama House · 2026 Regular Session

Cryptocurrency; measures to prevent fraud by cryptocurrency kiosk operators imposed, penalties established, Alabama Securities Commission authorized to enforce

HB 303 requires cryptocurrency kiosk operators in Alabama to provide clear, upfront disclosures to consumers before transactions, including costs, fees, and exchange rates, and display warnings about common fraud schemes (like impersonation scams or fake lottery offers). Operators must give consumers a physical or digital receipt for each transaction and send a digital copy to the Alabama Securities Commission. The bill also mandates refunds for fraudulently induced transactions and requires operators to establish a consumer service line and direct communication with law enforcement. Violations could trigger civil or criminal penalties.
Bill status signed all 5 stages cleared
Introduction
Jan 2026
Committee Review
Mar 2026
House Passage
Mar 2026
Senate Passage
Mar 2026
Signed into Law
Apr 2026
Introduced Jan 21, 2026 Signed Apr 8, 2026
Maddy AI version diff · 2 comparisons

What changed between versions

Engrossed Enrolled · 4 edits · Apr 8, 2026
MODERATE
The bill was finalized as Enrolled, incorporating minor text corrections and expanding the list of consumer fraud warnings displayed at cryptocurrency kiosks. The most significant substantive change is the addition of nine new warning categories to alert users about common scams, such as fake government requests, disaster relief fraud, and lottery offers. Additionally, the definition of 'New Consumer' was clarified to explicitly include first-time users and those within 30 days of their first transaction, ensuring consistent application of fraud protections.
Scope change
The bill's scope remains focused on cryptocurrency kiosks in Alabama, but the specific requirements for consumer disclosures have been broadened to cover a wider range of potential fraud scenarios.
REQUIREMENT

Added nine new warning categories to the mandatory fraud disclosure list, including requests for payments to government agencies, disaster relief donations, and offers to purchase lottery tickets or sweepstakes.

DEFINITION

Clarified the definition of 'New Consumer' to explicitly state it applies to individuals engaging in a transaction for the first time or within 30 days of their first transaction.

Expanded the definition of 'Blockchain Analytics and Tracing Software' to include the specific function of tracing virtual currency wallet addresses.

TECHNICAL

Corrected a line break error in the definition of 'Blockchain Analytics and Tracing Software' to ensure the full description appears on a single logical line.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
27
Key actions
10
Committee
4
Amendments
7
Mar 31, 2026
Lower · Passed
Bedsole Concur In and Adopt - Adopted Roll Call 1115
lower
Mar 17, 2026
Upper · Passed
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 922
upper
Mar 17, 2026
Upper · Passed
Woods motion to Adopt - Adopted Roll Call 921
upper
Mar 17, 2026
Introduced
Woods 1st Amendment Offered
upper
Mar 17, 2026
Upper · Passed
Albritton motion to Table - Adopted Voice Vote
upper
Mar 17, 2026
Introduced
Fiscal Responsibility and Economic Development 1st Amendment Offered (Fiscal Responsibility and Economic Development)
upper
Mar 11, 2026
Upper · Passed
Reported Out of Committee Second House
upper
Mar 11, 2026
Introduced
Fiscal Responsibility and Economic Development 1st Amendment (Fiscal Responsibility and Economic Development)
upper
Feb 25, 2026
Upper · Passed
Pending Committee Action in Second House (Fiscal Responsibility and Economic Development)
upper
Feb 24, 2026
Lower · Passed
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 574
lower
Feb 24, 2026
Lower · Passed
Motion to Adopt - Adopted Roll Call 573
lower
Feb 24, 2026
Introduced
State Government 1st Substitute Offered (State Government)
lower
Feb 4, 2026
Lower · Passed
Reported Out of Committee House of Origin
lower
Jan 21, 2026
Lower · Passed
Pending Committee Action in House of Origin (State Government)
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Russell Bedsole
Russell Bedsole
RRepublican
AL
49