KY SB 99
died on adjournmentAN ACT relating to transactional precious metals.
Kentucky · 2026 Regular Session · upper
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Quick answers
Did KY SB 99 pass?
No. KY SB 99 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-01-15): to Committee on Committees (S)
What is KY SB 99 about?
Create a new section of KRS Chapter 41 to define terms; recognize gold specie and silver specie as legal tender in Kentucky; provide for use of gold specie and silver specie as legal tender; require the State Treasurer to promulgate administrative regulations in accordance with KRS Chapter 13A to designate or establish a bullion depository and authorize 1 or more electronic payment systems to facilitate electronic payment transactions; establish requirements for system participants, transaction information, and bullion deposits; require the State Treasurer to submit an annual report to the Legislative Research Commission and to implement the system within 1 year; amend KRS 141.109 and 141.039 to exempt capital gains and losses attributable to the sale or exchange of gold specie and silver specie; provide that Section 1 of the Act may be cited as the Kentucky Transactional Gold and Silver Act.
Who sponsors KY SB 99?
G. Williams, S. West, A. Reed and 2 others are the primary sponsors of KY SB 99.
Description
Create a new section of KRS Chapter 41 to define terms; recognize gold specie and silver specie as legal tender in Kentucky; provide for use of gold specie and silver specie as legal tender; require the State Treasurer to promulgate administrative regulations in accordance with KRS Chapter 13A to designate or establish a bullion depository and authorize 1 or more electronic payment systems to facilitate electronic payment transactions; establish requirements for system participants, transaction information, and bullion deposits; require the State Treasurer to submit an annual report to the Legislative Research Commission and to implement the system within 1 year; amend KRS 141.109 and 141.039 to exempt capital gains and losses attributable to the sale or exchange of gold specie and silver specie; provide that Section 1 of the Act may be cited as the Kentucky Transactional Gold and Silver Act.
- Introduced
- 2026-01-15
- Latest action
- 2026-01-15 — to Committee on Committees (S)
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- G. Williamsprimary
- S. Westprimary
- A. Reedprimary
- L. Tichenorprimary
- S. Rawlingsprimary
Committees
Not provided by source.
Action timeline
Newest first
2026-01-15
to Committee on Committees (S)
referral-committee
2026-01-15
introduced in Senate
introduction
Versions
- IntroducedCompare
Documents
Votes
Not provided by source.
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-08-21T21:05:44.493618Z
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