KY SB 189
enactedAN ACT relating to the regulation of digital asset business.
Kentucky · 2026 Regular Session · upper
Subscribe in a feed reader. The feed covers recorded actions from the last 30 days; Bill Commons may record an action after it happened at the legislature.
Quick answers
Did KY SB 189 pass?
Yes. KY SB 189 has been enacted into law. Latest recorded action (2026-04-13): signed by Governor (Acts Ch. 126)
What is KY SB 189 about?
Establish Subtitle 13 of KRS Chapter 286 and create new sections thereof to regulate virtual currency kiosks; establish definitions; provide for enforcement by the commissioner of the Department of Financial Institutions; establish license requirements for virtual currency kiosks; require regulatory filings to be submitted to a nationwide licensing system registry; establish initial and renewal application processes and requirements, reporting, surety bond and tangible net worth, and change of control requirements for virtual currency kiosk operators; require the commissioner to promulgate administrative regulations to establish format, document submission, fee, and trade practice requirements for virtual currency kiosk operators; establish record retention requirements for persons required to be licensed as virtual currency kiosk operators; establish trade practice requirements relating to protection of resident assets, virtual currency kiosk transactions, prohibited practices, and fraud and information security compliance procedures; authorize the commissioner to conduct investigations and examinations; provide for the confidentiality of certain documents provided to the commissioner; authorize the commissioner to share, disclose, and report information and take other actions to assist in the commissioner's duties; require the commissioner to submit an annual licensing report to the Legislative Research Commission; establish due process requirements for adverse actions taken by the commissioner against licensees and other persons; establish requirements for the denial, suspension, or revocation of a license; authorize the commissioner to enter cease and desist orders and emergency orders; authorize the commissioner to order civil penalties against persons that violate the subtitle; require the commissioner of the Department of Financial Institutions to promulgate any required emergency and ordinary administrative regulations on or before January 1, 2027; EFFECTIVE, in part, March 31, 2027.
Who sponsors KY SB 189?
R. Mills, S. Rawlings are the primary sponsors of KY SB 189.
Description
Establish Subtitle 13 of KRS Chapter 286 and create new sections thereof to regulate virtual currency kiosks; establish definitions; provide for enforcement by the commissioner of the Department of Financial Institutions; establish license requirements for virtual currency kiosks; require regulatory filings to be submitted to a nationwide licensing system registry; establish initial and renewal application processes and requirements, reporting, surety bond and tangible net worth, and change of control requirements for virtual currency kiosk operators; require the commissioner to promulgate administrative regulations to establish format, document submission, fee, and trade practice requirements for virtual currency kiosk operators; establish record retention requirements for persons required to be licensed as virtual currency kiosk operators; establish trade practice requirements relating to protection of resident assets, virtual currency kiosk transactions, prohibited practices, and fraud and information security compliance procedures; authorize the commissioner to conduct investigations and examinations; provide for the confidentiality of certain documents provided to the commissioner; authorize the commissioner to share, disclose, and report information and take other actions to assist in the commissioner's duties; require the commissioner to submit an annual licensing report to the Legislative Research Commission; establish due process requirements for adverse actions taken by the commissioner against licensees and other persons; establish requirements for the denial, suspension, or revocation of a license; authorize the commissioner to enter cease and desist orders and emergency orders; authorize the commissioner to order civil penalties against persons that violate the subtitle; require the commissioner of the Department of Financial Institutions to promulgate any required emergency and ordinary administrative regulations on or before January 1, 2027; EFFECTIVE, in part, March 31, 2027.
- Introduced
- 2026-02-12
- Latest action
- 2026-04-13 — signed by Governor (Acts Ch. 126)
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- R. Millsprimary
- S. Rawlingsprimary
Committees
Not provided by source.
Action timeline
Newest first
2026-04-13
signed by Governor (Acts Ch. 126)
executive-signature
2026-04-01
delivered to Governor
2026-04-01
enrolled, signed by Speaker of the House
passage
2026-04-01
enrolled, signed by President of the Senate
passage
2026-04-01
passed 38-0
passage
2026-04-01
Senate concurred in Committee Substitute (1), Floor Amendment (2) and Committee Amendment (1-title)
2026-04-01
posted for passage for concurrence in House Floor Amendment (2), Committee Substitute (1) and Committee Amendment (1-title)
2026-04-01
to Rules (S)
referral-committee
2026-04-01
received in Senate
2026-04-01
3rd reading, passed 81-7 with Committee Substitute (1), Floor Amendment (2) and Committee Amendment (1-title)
passage,reading-3
2026-04-01
floor amendment (2) adopted
2026-04-01
Committee Substitute (1) adopted
2026-03-31
floor amendment (3) filed to Committee Substitute
amendment-introduction
2026-03-27
posted for passage in the Regular Orders of the Day for Tuesday, March 31 2026
2026-03-26
floor amendment (2) filed to Committee Substitute
amendment-introduction
2026-03-26
2nd reading, to Rules
reading-2
2026-03-25
floor amendment (1) filed to Committee Substitute
amendment-introduction
2026-03-25
reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title)
committee-passage
2026-03-24
to Banking & Insurance (H)
referral-committee
2026-03-03
to Committee on Committees (H)
referral-committee
2026-03-03
received in House
2026-03-02
passed 37-0 with Committee Substitute (1) and Floor Amendment (2)
passage
2026-03-02
floor amendment (1) withdrawn
2026-03-02
3rd reading
reading-3
2026-02-27
passed over and retained in the Orders of the Day
passage
2026-02-26
posted for passage in the Regular Orders of the Day for Friday, February 27 2026
2026-02-26
floor amendment (2) filed to Committee Substitute
amendment-introduction
2026-02-25
2nd reading, to Rules
reading-2
2026-02-25
floor amendment (1) filed to Committee Substitute
amendment-introduction
2026-02-24
reported favorably, 1st reading, to Calendar with Committee Substitute (1)
committee-passage
2026-02-20
to Banking & Insurance (S)
referral-committee
2026-02-12
to Committee on Committees (S)
referral-committee
2026-02-12
introduced in Senate
introduction
Versions
Documents
Votes
PASS SB 189 w/ SCS 1, SFA 2
2026-03-02 · pass · 37-0
Member-level votes (38)
- Berg: yes
- Givens: yes
- Neal: yes
- Storm: yes
- Boswell: yes
- Herron: yes
- Nemes: yes
- Thomas: yes
- Carroll: yes
- Higdon: yes
- Nunn: yes
- Tichenor: yes
- ChambersArmstrong: yes
- Howell: yes
- Raque Adams: yes
- Webb: yes
- Clemons: yes
- Madon: yes
- Rawlings: yes
- West: yes
- Deneen: yes
- Mays Bledsoe: yes
- Reed: yes
- Wheeler: yes
- Douglas: yes
- McDaniel: yes
- Richardson: yes
- Williams: yes
- Elkins: yes
- Meredith: yes
- Smith: yes
- Wilson: yes
- Funke Frommeyer: yes
- Mills: yes
- Stivers: yes
- Wise: yes
- Girdler: yes
- Carpenter: not voting
Adopt
2026-04-01 · pass · 81-3
Member-level votes (100)
- Aull: yes
- Decker: yes
- Grossl: yes
- Maddox: yes
- Rabourn: yes
- Baker: yes
- Dietz: yes
- Hale: yes
- Marzian: yes
- Raymer: yes
- Banta: yes
- Doan: yes
- Hampton: yes
- Massaroni: yes
- Riley: yes
- Bauman: yes
- Donworth: yes
- Hancock: yes
- McPherson: yes
- Roberts: yes
- Bivens: yes
- Dossett: yes
- Hart: yes
- Meade: yes
- Rudy: yes
- Blanton: yes
- Dotson: yes
- Heavrin: yes
- Meredith: yes
- Sharp: yes
- Bojanowski: yes
- Duvall: yes
- Hodgson: yes
- Miles: yes
- Thompson: yes
- Bowling: yes
- Fister: yes
- Huff T: yes
- Moore: yes
- Tipton: yes
- Branscum: yes
- Flannery: yes
- Imes: yes
- Moser: yes
- Truett: yes
- Bratcher S.: yes
- Fleming: yes
- Jackson: yes
- Neighbors: yes
- Upchurch: yes
- Bray: yes
- Freeland: yes
- Johnson: yes
- Nemes: yes
- Watkins: yes
- Bridges: yes
- Fugate: yes
- King: yes
- Osborne: yes
- Wesley: yes
- Burke: yes
- Gentry: yes
- Kulkarni: yes
- Payne: yes
- Whitaker: yes
- Callaway: yes
- Gooch: yes
- Lewis C: yes
- Petrie: yes
- Williams: yes
- Calloway: yes
- Gordon: yes
- Lewis D: yes
- Pollock: yes
- Wilson: yes
- Camuel: yes
- Grossberg: yes
- Lockett: yes
- Proctor: yes
- Witten: yes
- Clines: yes
- Brown: no
- Lehman: no
- Tackett Laferty: no
- Chester-Burton: not voting
- Koch: not voting
- McCool: not voting
- Stalker: not voting
- Thomas: not voting
- Elliott: not voting
- Lawrence: not voting
- Roarx: not voting
- Stevenson P: not voting
- White: not voting
- Griffee: not voting
- Lewis S: not voting
- Smith: not voting
- Tate: not voting
- Willner: not voting
- Holloway: not voting
Pass
2026-04-01 · pass · 81-7
Member-level votes (100)
- Aull: yes
- Dietz: yes
- Hampton: yes
- Marzian: yes
- Rudy: yes
- Baker: yes
- Donworth: yes
- Hancock: yes
- McPherson: yes
- Sharp: yes
- Banta: yes
- Dossett: yes
- Hart: yes
- Meade: yes
- Smith: yes
- Bauman: yes
- Dotson: yes
- Heavrin: yes
- Miles: yes
- Thomas: yes
- Bivens: yes
- Duvall: yes
- Hodgson: yes
- Moore: yes
- Thompson: yes
- Blanton: yes
- Fister: yes
- Huff T: yes
- Moser: yes
- Tipton: yes
- Bojanowski: yes
- Flannery: yes
- Imes: yes
- Neighbors: yes
- Truett: yes
- Bowling: yes
- Fleming: yes
- Jackson: yes
- Nemes: yes
- Upchurch: yes
- Branscum: yes
- Freeland: yes
- Johnson: yes
- Osborne: yes
- Watkins: yes
- Bratcher S.: yes
- Fugate: yes
- King: yes
- Payne: yes
- Wesley: yes
- Bridges: yes
- Gentry: yes
- Kulkarni: yes
- Petrie: yes
- Whitaker: yes
- Brown: yes
- Gooch: yes
- Lehman: yes
- Pollock: yes
- White: yes
- Burke: yes
- Gordon: yes
- Lewis C: yes
- Proctor: yes
- Williams: yes
- Callaway: yes
- Grossberg: yes
- Lewis D: yes
- Raymer: yes
- Willner: yes
- Camuel: yes
- Grossl: yes
- Lewis S: yes
- Riley: yes
- Wilson: yes
- Clines: yes
- Hale: yes
- Lockett: yes
- Roarx: yes
- Witten: yes
- Decker: yes
- Calloway: no
- Holloway: no
- Massaroni: no
- Rabourn: no
- Roberts: no
- Doan: no
- Maddox: no
- Bray: not voting
- Griffee: not voting
- McCool: not voting
- Stalker: not voting
- Tackett Laferty: not voting
- Chester-Burton: not voting
- Koch: not voting
- Meredith: not voting
- Stevenson P: not voting
- Tate: not voting
- Elliott: not voting
- Lawrence: not voting
FINAL PASSAGE OF SB 189 w/ HCS 1, HFA 2, HCA 1 (T)
2026-04-01 · pass · 38-0
Member-level votes (38)
- Berg: yes
- Girdler: yes
- Neal: yes
- Storm: yes
- Boswell: yes
- Givens: yes
- Nemes: yes
- Thomas: yes
- Carpenter: yes
- Herron: yes
- Nunn: yes
- Tichenor: yes
- Carroll: yes
- Higdon: yes
- Raque Adams: yes
- Webb: yes
- ChambersArmstrong: yes
- Howell: yes
- Rawlings: yes
- West: yes
- Clemons: yes
- Madon: yes
- Reed: yes
- Wheeler: yes
- Deneen: yes
- Mays Bledsoe: yes
- Richardson: yes
- Williams: yes
- Douglas: yes
- McDaniel: yes
- Smith: yes
- Wilson: yes
- Elkins: yes
- Meredith: yes
- Stivers: yes
- Wise: yes
- Funke Frommeyer: yes
- Mills: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:24.357326Z
Inspect retained evidence for changes recorded after evidence tracking began:
Session-wide evidence can include changes to other bills:
Use this data
Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=KY&identifier=SB 189. See the API docs or the MCP server for AI assistants.
Known limitations
- Sponsor party and chamber affiliation are not yet captured by this API.
- Committee referrals are not yet captured.
See the methodology page for data sources and limitations.