Introduced

Passed House

Passed Senate

Became law

Adjourned sine die. The bill was pending when the session ended, so it did not pass.

Last action · February 4, 2025

To Appropriations & Revenue (H)

Introduced January 9, 2025

House

Adjourned Sine Die

2025 Regular Session

HB179

AN ACT relating to sales and use tax exemptions for bullion and currency.

Repeal, reenact, and amend KRS 139.480 to exempt currency and bullion from sales and use tax as of August 1, 2024.

State Agencies Taxation Taxation, Sales and Use Fiscal Note

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This bill would remove Kentucky's sales and use tax from purchases of currency and bullion, such as gold, silver, and coins, effective August 1, 2024. It updates existing state law to make these transactions tax-free. Who it may affect: Kentuckians who buy or sell coins, precious metals, or currency, including collectors and investors.

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