SB 99 KY

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Introduced

Create a new section of KRS Chapter 41 to define terms; recognize gold specie and silver specie as legal tender in Kentucky; provide for use of gold specie and silver specie as legal tender; require the State Treasurer to promulgate administrative regulations in accordance with KRS Chapter 13A to designate or establish a bullion depository and authorize 1 or more electronic payment systems to facilitate electronic payment transactions; establish requirements for system participants, transaction information, and bullion deposits; require the State Treasurer to submit an annual report to the Legislative Research Commission and to implement the system within 1 year; amend KRS 141.109 and 141.039 to exempt capital gains and losses attributable to the sale or exchange of gold specie and silver specie; provide that Section 1 of the Act may be cited as the Kentucky Transactional Gold and Silver Act.

• S. Rawlings Republican · primary
• L. Tichenor Republican · primary
• A. Reed Republican · primary
• S. West Republican · primary
• G. Williams Republican · primary

1. Jan 15, 2026 introduced in Senate · upper
2. Jan 15, 2026 to Committee on Committees (S) · upper