KY HB405 | 2016 | Regular Session
Status
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]
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]
Summary
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."
Title
AN ACT relating to legal tender.
Sponsors
| Rep. Thomas Kerr [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-16 | House | to Appropriations & Revenue (H) |
| 2016-02-12 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/16RS/HB405.htm |
| Text | http://www.lrc.ky.gov/record/16RS/HB405/bill.pdf |
