Kentucky · 2026 Regular Session · Bill
SB 99: AN ACT relating to transactional precious metals.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 99 is a bill introduced in the Kentucky Senate on January 15, 2026. According to its official title, it concerns: AN ACT relating to transactional precious metals. Primary sponsor: Steve Rawlings (Republican), Lindsey Tichenor (Republican), Aaron Reed (Republican), Steve West (Republican), Gex Williams (Republican). Most recent recorded action (January 15, 2026): to Committee on Committees (S).
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 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.
Sponsors
Sponsors by party (alphabetical): Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Steve Rawlings | Primary sponsor | Republican | Senate | 11 |
| Lindsey Tichenor | Primary sponsor | Republican | Senate | 6 |
| Aaron Reed | Primary sponsor | Republican | Senate | 7 |
| Steve West | Primary sponsor | Republican | Senate | 27 |
| Gex Williams | Primary sponsor | Republican | Senate | 20 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- to Committee on Committees (S)
- introduced in Senate