HB 741 Kentucky House · 2024 Regular Session

AN ACT relating to blockchain digital assets.

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 status passed 3 of 5 stages cleared

Introduction

Feb 2024

Committee Review

Mar 2024

House Passage

Mar 2024

Senate Passage

Governor

Introduced Feb 26, 2024 Last action Mar 26, 2024

Floor votes · House Mar 26, 2024

How they voted

75–17

Passed · 8 other

Total votes 100

Mar 26, 2024

D Democratic20

3 Yea 17 Nay

85% Nay

R Republican80

72 Yea 8

90% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 26, 2024

Committee

to Committee on Committees (S)

upper

Mar 26, 2024

Lower · Passed

3rd reading, passed 75-17 with Committee Substitute (1)

lower

Mar 25, 2024

Committee

to Rules (H)

lower

Mar 15, 2024

Committee

recommitted to Appropriations & Revenue (H)

lower

Mar 13, 2024

Lower · Passed

reported favorably, to Rules with Committee Substitute (1)

lower

Mar 5, 2024

Committee

to Banking & Insurance (H)

lower

Feb 26, 2024

Committee

to Committee on Committees (H)

lower

Feb 26, 2024

Introduced

introduced in House

lower

1 primary · 0 co-sponsors