---
type: "Bill"
title: "Stablecoin; license required for issuance or sale of stablecoins, Alabama Securities Commission to enforce and authorize, penalties provided"
description: "Consumer Protection"
jurisdiction: "us/states/al"
legislature: "Alabama Legislature"
session: "2026rs"
identifier: "HB 259"
citation: "Alabama HB 259 (2026rs)"
classification: ["bill"]
subjects: ["Consumer Protection"]
status: "enacted"
primary_sponsors: ["Shaw"]
version_count: 4
action_count: 24
vote_count: 0
first_action: "2026-01-15T05:00:00+00:00"
last_action: "2026-04-06T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/67baefd6-00a3-4c8d-bc07-51abeaf6f145"
source_url: "https://alison.legislature.state.al.us/bill-search"
source_hash: "f14f74e01393061a3f598c932193bdc8359fac55d9a87f3af16d35f6d42c54b2"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-al"]
---

# Alabama HB 259 (2026rs) — Stablecoin; license required for issuance or sale of stablecoins, Alabama Securities Commission to enforce and authorize, penalties provided

Consumer Protection

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/HB259-int.pdf)
2. **Engrossed** (committee substitute) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/HB259-eng.pdf)
3. **Motion to Adopt - Adopted Roll Call 845** (committee substitute) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/MS7XL1H-1.pdf)
4. **Enrolled** (enrolled) — [source](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/HB259-enr.pdf)

## Sponsors

- Shaw — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-04-06T04:00:00+00:00** Enacted `became-law`
- **2026-03-31T04:00:00+00:00** Delivered to Governor `executive-receipt`
- **2026-03-31T04:00:00+00:00** Signature Requested
- **2026-03-31T04:00:00+00:00** Delivered to Governor `executive-receipt`
- **2026-03-31T04:00:00+00:00** Enrolled
- **2026-03-31T04:00:00+00:00** Ready to Enroll
- **2026-03-31T04:00:00+00:00** Motion to Read a Third Time and Pass - Adopted Roll Call 1003 `passage`
- **2026-03-31T04:00:00+00:00** Petition To Close Debate- Adopted Roll Call 1002
- **2026-03-31T04:00:00+00:00** Third Reading in Second House
- **2026-03-17T04:00:00+00:00** Read for the Second Time and placed on the Calendar (Fiscal Responsibility and Economic Development)
- **2026-03-17T04:00:00+00:00** Reported Out of Committee Second House
- **2026-03-11T04:00:00+00:00** Pending Committee Action in Second House (Fiscal Responsibility and Economic Development)
- **2026-03-11T04:00:00+00:00** Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development `reading-1, referral-committee`
- **2026-03-10T04:00:00+00:00** Engrossed
- **2026-03-10T04:00:00+00:00** Ledbetter intended to vote "Yea"
- **2026-03-10T04:00:00+00:00** Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 846 `passage`
- **2026-03-10T04:00:00+00:00** Motion to Adopt - Adopted Roll Call 845
- **2026-03-10T04:00:00+00:00** Financial Services 1st Substitute Offered (Financial Services) `amendment-introduction`
- **2026-03-10T04:00:00+00:00** Third Reading in House of Origin
- **2026-03-05T05:00:00+00:00** Read for the Second Time and placed on the Calendar (Financial Services)
- **2026-03-04T05:00:00+00:00** Reported Out of Committee House of Origin
- **2026-03-04T05:00:00+00:00** Financial Services 1st Substitute (Financial Services)
- **2026-01-15T05:00:00+00:00** Pending Committee Action in House of Origin (Financial Services)
- **2026-01-15T05:00:00+00:00** Read for the first time and referred to the House Committee on Financial Services `reading-1, referral-committee`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/67baefd6-00a3-4c8d-bc07-51abeaf6f145`. Confidence: reported (aggregated from official Alabama legislature records).