Kentucky House Bill 230 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Passed on March 25 2021 - 100% progression
Action: 2021-03-25 - signed by Governor (Acts Ch. 122)
Text: Latest bill text (Engrossed) [PDF]

Create new section of KRS 139 which defines various terms relating to commercial mining of cryptocurrency using blockchain technology, provides sales and use tax exemptions on the tangible personal property directly used and the electricity used in commercial mining of cryptocurrency as of the date of approved application, provides for a four year sunset from July 1, 2021 to June 30, 2025, and requires the amount of the exemption to be reported by the Department of Revenue beginning on January 1, 2022 and every January 1 thereafter; amend KRS 160.613 to exempt electricity used or consumed in the commercial mining of cryptocurrency; amend KRS 160.6131 to define commercial mining of cryptocurrency and colocation facility; amend KRS 131.190 as a conforming change. EFFECTIVE July 1, 2021

AN ACT relating to the taxation of the commercial mining of cryptocurrency.

Rep. Steven Rudy [R]

Rep. Chris Freeland [R]

Rep. Patrick Flannery [R]

2021-03-15 - Senate - Senate: Third Reading RSN# 1723 (Y: 29 N: 7 NV: 0 Abs: 2) [PASS]
2021-03-03 - House - House: Third Reading RCS# 197 (Y: 82 N: 15 NV: 0 Abs: 3) [PASS]
2021-03-03 - House - House: Suspend the Rules RCS# 196 (Y: 84 N: 0 NV: 0 Abs: 16) [PASS]

Date	Chamber	Action
2021-03-25	House	signed by Governor (Acts Ch. 122)
2021-03-16	House	delivered to Governor
2021-03-16	House	enrolled, signed by President of the Senate
2021-03-16	House	enrolled, signed by Speaker of the House
2021-03-15	House	received in House
2021-03-15	Senate	passed 29-7
2021-03-15	Senate	floor amendments (1) (2-title) and (3) withdrawn
2021-03-15	Senate	3rd reading
2021-03-15	Senate	floor amendments (6) and (7-title) filed
2021-03-15	Senate	floor amendments (4-title) and (5) filed
2021-03-12	Senate	posted for passage in the Regular Orders of the Day for Monday, March 15, 2021
2021-03-11	Senate	floor amendments (1), (2-title) and (3) filed
2021-03-11	Senate	reported favorably, 2nd reading, to Rules
2021-03-05	Senate	returned to Natural Resources & Energy (S)
2021-03-05	Senate	1st reading
2021-03-05	Senate	taken from Natural Resources & Energy (S)
2021-03-05	Senate	to Natural Resources & Energy (S)
2021-03-04	Senate	to Committee on Committees (S)
2021-03-04	Senate	received in Senate
2021-03-03	House	3rd reading, passed 82-15 with Committee Substitute and floor amendment (1)
2021-03-03	House	floor amendment (1) filed to Committee Substitute
2021-03-02	House	posted for passage in the Regular Orders of the Day for Wednesday, March 3, 2021
2021-03-02	House	reported favorably, to Rules with Committee Substitute
2021-03-01	House	returned to Appropriations & Revenue (H)
2021-03-01	House	2nd reading
2021-03-01	House	taken from Appropriations & Revenue (H)
2021-02-24	House	returned to Appropriations & Revenue (H)
2021-02-24	House	1st reading
2021-02-24	House	taken from Appropriations & Revenue (H)
2021-02-04	House	posted in committee
2021-02-02	House	to Appropriations & Revenue (H)
2021-01-08	House	to Committee on Committees (H)
2021-01-08	House	introduced in House

Type	Source
Summary	https://apps.legislature.ky.gov/record/21RS/hb230.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/21RS/hb230/orig_bill.pdf
Text	https://apps.legislature.ky.gov/recorddocuments/bill/21RS/hb230/bill.pdf
Supplement	https://apps.legislature.ky.gov/recorddocuments/note/21RS/hb230/FN.pdf
Roll Call	https://apps.legislature.ky.gov/record/21RS/hb230/vote_history.pdf