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Kentucky · 2025 Regular Session · Bill

HB 701: AN ACT relating to blockchain digital assets.

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 701 is a bill introduced in the Kentucky House on February 19, 2025. According to its official title, it concerns: AN ACT relating to blockchain digital assets. Most recent recorded action (March 24, 2025): signed by Governor (Acts Ch. 50).

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Create new sections of KRS Chapter 369 to define terms relating to blockchain technology; allow individuals to use digital assets and self-hosted wallets; prohibit local zoning changes that discriminate against a digital asset mining business; provide guidelines for operation of a node; amend KRS 286.11-007 to exclude home digital asset mining, digital asset mining business, and the operation of a node from money transmitter license requirements; amend KRS 292.340 to provide that digital asset mining or staking as a service shall not be deemed to be offering or selling a security.

Sponsors

NameRolePartyChamberDistrict
No sponsor recorded in source data.

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. signed by Governor (Acts Ch. 50)
  2. delivered to Governor
  3. enrolled, signed by President of the Senate
  4. enrolled, signed by Speaker of the House
  5. received in House
  6. 3rd reading, passed 37-0
  7. posted for passage in the Regular Orders of the Day for Thursday, March 13, 2025
  8. 2nd reading, to Rules
  9. reported favorably, 1st reading, to Calendar
  10. to Banking & Insurance (S)
  11. to Committee on Committees (S)
  12. received in Senate

Showing 12 most recent of 19 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source