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HB 741 KY
Passed One Chamber

AN ACT relating to blockchain digital assets.

KY · session 2024RS · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Feb 26, 2024

Latest action (Mar 26, 2024) to Committee on Committees (S)

Summary

Create new sections of KRS Chapter 369 to define terms relating to blockchain technology; allow individuals to use digital assets and self-hosted wallets; provide an exemption of income tax for transactions less than $200; allow home digital asset mining and digital asset mining businesses to operate within local ordinances relating to noise pollution; amend KRS 141.019 and 141.039 to conform.

Sponsor (1)

Action history (17)

  1. Feb 26, 2024 introduced in House · lower
  2. Feb 26, 2024 to Committee on Committees (H) · lower
  3. Mar 5, 2024 to Banking & Insurance (H) · lower
  4. Mar 11, 2024 taken from Banking & Insurance (H) · lower
  5. Mar 11, 2024 1st reading · lower
  6. Mar 11, 2024 returned to Banking & Insurance (H) · lower
  7. Mar 12, 2024 taken from Banking & Insurance (H) · lower
  8. Mar 12, 2024 2nd reading · lower
  9. Mar 12, 2024 returned to Banking & Insurance (H) · lower
  10. Mar 13, 2024 reported favorably, to Rules with Committee Substitute (1) · lower
  11. Mar 15, 2024 recommitted to Appropriations & Revenue (H) · lower
  12. Mar 25, 2024 taken from Appropriations & Revenue (H) · lower
  13. Mar 25, 2024 to Rules (H) · lower
  14. Mar 25, 2024 posted for passage in the Regular Orders of the Day for Tuesday, March 26, 2024 · lower
  15. Mar 26, 2024 3rd reading, passed 75-17 with Committee Substitute (1) · lower
  16. Mar 26, 2024 received in Senate · upper
  17. Mar 26, 2024 to Committee on Committees (S) · upper
Subjects
Local GovernmentTaxation, Income--CorporateTaxation, Income--IndividualTechnology

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Current/Final · PDF
  • Introduced · PDF

Full text

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