KY HB 380

died on adjournment

AN ACT relating to the regulation of digital asset business.

Kentucky · 2026 Regular Session · lower

Description

Amend various sections and create new sections of Subtitle 11 of KRS Chapter 286 to expand the scope of the subtitle to include virtual currency kiosk business; define terms; require licensure for virtual currency kiosk business in this state; require each virtual currency kiosk business location to be approved by the commissioner of the Department of Financial Institutions; require each application for a license to engage in virtual currency kiosk business to be accompanied by a surety bond or other similar security; establish requirements for approval to engage in virtual currency kiosk business at a location in this state; apply examination, investigation, recordkeeping, registered agent, and trade practice requirements to virtual currency kiosk operators; establish reporting, transaction, trade practice, notice, disclosure, fraud detection, and refund requirements for virtual currency kiosk operators; apply license and civil penalties to virtual currency kiosk operators; authorize the commissioner to order any virtual currency kiosk operator to provide refunds and to direct any peace officer to seize, impound, or render inoperable a virtual currency kiosk; establish the purpose of the Act; amend KRS 286.2-015 to authorize political subdivisions of this Commonwealth to enact and enforce ordinances, regulations, and resolutions pertaining to virtual currency kiosk business; create a new section of KRS Chapter 367 to provide that a violation of Subtitle 11 of KRS Chapter 286 by a virtual currency kiosk operator shall be deemed a violation of, and subject to the remedies and penalties of, KRS 367.170; repeal KRS 286.11-065, relating to licenses issued under former KRS Chapter 366; require the commissioner to promulgate emergency and ordinary administrative regulations to implement the Act within 30 days after the effective date of the Act; provide that persons shall not be required to comply with licensing and other provisions of the Act until certain contingencies are satisfied.

Introduced: 2026-01-14
Status date: —
Latest action: 2026-03-16 — to Committee on Committees (S)
Bill type: bill
Last updated: —

Subjects

Committees

Not provided by source.

Action timeline

2026-01-14
introduced in House
introduction
2026-01-14
to Committee on Committees (H)
referral-committee
2026-01-22
to Banking & Insurance (H)
referral-committee
2026-03-04
reported favorably, 1st reading, to Calendar with Committee Substitute (1)
committee-passage
2026-03-04
floor amendment (1) filed to Committee Substitute
amendment-introduction
2026-03-05
2nd reading, to Rules
reading-2
2026-03-09
posted for passage in the Regular Orders of the Day for Tuesday, March 10 2026
2026-03-10
floor amendment (2) filed to Committee Substitute
amendment-introduction
2026-03-12
floor amendment (3) filed to Committee Substitute , floor amendment (4-title) filed to bill
amendment-introduction
2026-03-13
3rd reading, passed 85-0 with Committee Substitute (1), Floor Amendments (2) and (3) and Floor Amendment (4-title)
passage,reading-3
2026-03-16
received in Senate
2026-03-16
to Committee on Committees (S)
referral-committee

Versions

IntroducedCompare
Current/FinalCompare
(document, no version)Compare

Documents

Votes

Suspend the Rules
2026-03-13 · pass · 73-0
Member-level votes (101)
- Aull: yes
- Dossett: yes
- Hampton: yes
- McPherson: yes
- Rudy: yes
- Baker: yes
- Dotson: yes
- Heavrin: yes
- Meade: yes
- Sharp: yes
- Bauman: yes
- Duvall: yes
- Hodgson: yes
- Meredith: yes
- Smith: yes
- Bivens: yes
- Elliott: yes
- Holloway: yes
- Miles: yes
- Stalker: yes
- Blanton: yes
- Fister: yes
- Huff T: yes
- Moser: yes
- Tate: yes
- Bowling: yes
- Flannery: yes
- Johnson: yes
- Neighbors: yes
- Thomas: yes
- Branscum: yes
- Fleming: yes
- King: yes
- Nemes: yes
- Thompson: yes
- Bratcher S.: yes
- Freeland: yes
- Koch: yes
- Osborne: yes
- Tipton: yes
- Bray: yes
- Fugate: yes
- Lehman: yes
- Payne: yes
- Upchurch: yes
- Bridges: yes
- Gooch: yes
- Lewis C: yes
- Pollock: yes
- Watkins: yes
- Chester-Burton: yes
- Gordon: yes
- Lewis D: yes
- Proctor: yes
- Whitaker: yes
- Clines: yes
- Griffee: yes
- Lockett: yes
- Raymer: yes
- White: yes
- Dietz: yes
- Grossberg: yes
- Maddox: yes
- Riley: yes
- Williams: yes
- Doan: yes
- Grossl: yes
- Massaroni: yes
- Roberts: yes
- Wilson: yes
- Donworth: yes
- Hale: yes
- McCool: yes
- Banta: not voting
- Camuel: not voting
- Jackson: not voting
- Moore: not voting
- Tackett Laferty: not voting
- Bojanowski: not voting
- Decker: not voting
- Kulkarni: not voting
- Petrie: not voting
- Truett: not voting
- Brown: not voting
- Gentry: not voting
- Lawrence: not voting
- Rabourn: not voting
- Wesley: not voting
- Burke: not voting
- Hancock: not voting
- Lewis S: not voting
- Roarx: not voting
- Willner: not voting
- Callaway: not voting
- Hart: not voting
- Marzian: not voting
- Stevenson P: not voting
- Witten: not voting
- Calloway: not voting
- Imes: not voting
- Commonwealth of Kentucky: not voting
Pass
2026-03-13 · pass · 85-0
Member-level votes (100)
- Aull: yes
- Decker: yes
- Grossl: yes
- Marzian: yes
- Rudy: yes
- Baker: yes
- Dietz: yes
- Hale: yes
- McCool: yes
- Sharp: yes
- Banta: yes
- Donworth: yes
- Hampton: yes
- McPherson: yes
- Smith: yes
- Bauman: yes
- Dossett: yes
- Hancock: yes
- Meade: yes
- Stalker: yes
- Bivens: yes
- Dotson: yes
- Heavrin: yes
- Meredith: yes
- Stevenson P: yes
- Blanton: yes
- Duvall: yes
- Hodgson: yes
- Miles: yes
- Tackett Laferty: yes
- Bojanowski: yes
- Elliott: yes
- Huff T: yes
- Moore: yes
- Tate: yes
- Bowling: yes
- Fister: yes
- Imes: yes
- Moser: yes
- Thomas: yes
- Branscum: yes
- Flannery: yes
- Johnson: yes
- Neighbors: yes
- Thompson: yes
- Bratcher S.: yes
- Fleming: yes
- King: yes
- Nemes: yes
- Tipton: yes
- Bray: yes
- Freeland: yes
- Koch: yes
- Osborne: yes
- Upchurch: yes
- Brown: yes
- Fugate: yes
- Kulkarni: yes
- Payne: yes
- Watkins: yes
- Burke: yes
- Gentry: yes
- Lehman: yes
- Petrie: yes
- Whitaker: yes
- Callaway: yes
- Gooch: yes
- Lewis C: yes
- Pollock: yes
- White: yes
- Camuel: yes
- Gordon: yes
- Lewis D: yes
- Raymer: yes
- Williams: yes
- Chester-Burton: yes
- Griffee: yes
- Lewis S: yes
- Riley: yes
- Wilson: yes
- Clines: yes
- Grossberg: yes
- Lockett: yes
- Roarx: yes
- Witten: yes
- Bridges: not voting
- Hart: not voting
- Lawrence: not voting
- Proctor: not voting
- Truett: not voting
- Calloway: not voting
- Holloway: not voting
- Maddox: not voting
- Rabourn: not voting
- Wesley: not voting
- Doan: not voting
- Jackson: not voting
- Massaroni: not voting
- Roberts: not voting
- Willner: not voting

Related bills

No related bills recorded for this bill.

Official source

https://apps.legislature.ky.gov/record/26RS/hb380.html

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:24.357326Z

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