2024 Regular Session • Kentucky Legislature
HB741: AN ACT relating to blockchain digital assets.
Legislative 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.
Bill History
2/26/2024
introduced in House
House of Representatives
2/26/2024
to Committee on Committees (H)
House of Representatives
3/5/2024
to Banking & Insurance (H)
House of Representatives
3/11/2024
taken from Banking & Insurance (H)
House of Representatives
3/11/2024
1st reading
House of Representatives
3/11/2024
returned to Banking & Insurance (H)
House of Representatives
3/12/2024
taken from Banking & Insurance (H)
House of Representatives
3/12/2024
2nd reading
House of Representatives
3/12/2024
returned to Banking & Insurance (H)
House of Representatives
3/13/2024
reported favorably, to Rules with Committee Substitute (1)
House of Representatives
3/15/2024
recommitted to Appropriations & Revenue (H)
House of Representatives
3/25/2024
taken from Appropriations & Revenue (H)
House of Representatives
3/25/2024
to Rules (H)
House of Representatives
3/25/2024
posted for passage in the Regular Orders of the Day for Tuesday, March 26, 2024
House of Representatives
3/26/2024
3rd reading, passed 75-17 with Committee Substitute (1)
House of Representatives
3/26/2024
received in Senate
Senate
3/26/2024
to Committee on Committees (S)
Senate
Amendments
House Committee Substitute
House Committee Substitute 1
Not Adopted
Roll Call Votes
House: Third Reading RCS# 359
3/26/2024
75
Yea
17
Nay
0
Not Voting
8
Absent
Result: PASSED
Status Information
Current Status
Engrossed(3/26/2024)
Chamber
Senate
Committee
Committee on Committees(Senate)
Sine Die
Sponsors
Republican: 1
Primary Sponsor
Adam Bowling
Republican