KY HB405 | 2016 | Regular Session


Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 12 2016 - 25% progression, died in chamber
Action: 2016-02-16 - to Appropriations & Revenue (H)
Text: Latest bill text (Draft #1) [PDF]


Create a new section of KRS Chapter 41 to establish specie legal tender as legal tender in Kentucky; amend KRS 139.480 to exempt the purchase and sale of specie legal tender from sales tax; amend KRS 141.010 to exclude gains or losses from the sale of specie legal tender from "capital gains."

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AN ACT relating to legal tender.



2016-02-16Houseto Appropriations & Revenue (H)
2016-02-12Houseintroduced in House

Kentucky State Sources

Bill Comments