# Kentucky HB 701: AN ACT relating to blockchain digital assets. Kentucky HB 701, AN ACT relating to blockchain digital assets., is a 2025 Regular Session House bill sponsored by Adam Bowling (Republican); status signed, last action 2025-03-24 (signed by Governor (Acts Ch. 50)) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/KY-HB701-2025RS - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Kentucky HB 701 - State: Kentucky - Session: 2025 Regular Session - Title: AN ACT relating to blockchain digital assets. - Status: signed - Chamber: House - Introduced: 2025-02-19 - Last action: 2025-03-24, signed by Governor (Acts Ch. 50) - Sponsor: Adam Bowling (Republican) - Cosponsors: 1 - Subjects: Energy, Land Use, Local Government, Planning and Zoning, Taxation, Income--Corporate, Taxation, Income--Individual, Information Technology, Technology - Touches household money: no - Roll calls: 2 (128 yes, 0 no in all) - Economic provisions PRIA read: 3 ## Summary No summary available. ## Bill overview: provisions PRIA read - Digital payments protected from extra state taxes: benefit, low. Kentucky protects your right to accept digital assets for legal goods or services and to use a digital-asset wallet. No one has to accept digital assets as payment. Kentucky governments cannot impose extra taxes, withholdings, assessments, or charges solely because a payment uses digital assets. Th… - Blockchain operators gain exemptions and liability shields: mixed, low. Blockchain nodes can join networks, transfer digital assets, and take part in staking, which helps secure the network. People and businesses are exempt from Kentucky's money-services rules when they develop or deploy blockchain software. The exemption also covers those who exchange digital assets f… - Staking services leave state securities oversight: mixed, low. Businesses offering staking services are not treated as offering or selling securities under Kentucky law. This removes state securities requirements for those offerings, along with the investor protections those requirements provide. Kentucky's Attorney General can still bring consumer-protection… ## Sponsors and cosponsors - Sponsor: Adam Bowling (Republican), House - Cosponsor: T.J. Roberts (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-03-13 | Senate | 3rd reading, passed | pass | 37 | 0 | | | 2025-02-28 | House | 3rd reading, passed | pass | 91 | 0 | | ## Actions (19) - 2025-03-24: signed by Governor (Acts Ch. 50) - 2025-03-14: delivered to Governor - 2025-03-14: enrolled, signed by President of the Senate (House) - 2025-03-14: enrolled, signed by Speaker of the House (House) - 2025-03-14: received in House (House) - 2025-03-13: 3rd reading, passed 37-0 (Senate) - 2025-03-12: posted for passage in the Regular Orders of the Day for Thursday, March 13, 2025 (Senate) - 2025-03-12: 2nd reading, to Rules (Senate) - 2025-03-11: reported favorably, 1st reading, to Calendar (Senate) - 2025-03-06: to Banking & Insurance (S) (Senate) - 2025-03-04: to Committee on Committees (S) (Senate) - 2025-03-04: received in Senate (Senate) - 2025-02-28: 3rd reading, passed 91-0 with Committee Substitute (1) (House) - 2025-02-27: posted for passage in the Regular Orders of the Day for Friday, February 28, 2025 (House) - 2025-02-27: 2nd reading, to Rules (House) - 2025-02-26: reported favorably, 1st reading, to Calendar with Committee Substitute (1) (House) - 2025-02-25: to Banking & Insurance (H) (House) - 2025-02-19: to Committee on Committees (H) (House) - 2025-02-19: introduced in House (House) ## Bill text - Current, 2025-02-28: [PDF](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/hb701/bill.pdf) - Introduced, 2025-02-19: [PDF](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/hb701/orig_bill.pdf) ## Related bills - HB 501: AN ACT relating to pharmaceutical drugs. (became law) - HB 664: AN ACT relating to the operation of a motor vehicle and declaring an emergency. (signed) - HB 606: AN ACT relating to economic development. (signed) - HB 421: AN ACT relating to colorectal cancer screenings. (signed) - HB 555: AN ACT relating to local government financial practices. (signed) - HB 493: AN ACT relating to the towing and storage of motor vehicles. (signed) ## Sources - [Current (PDF)](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/hb701/bill.pdf) - [Introduced (PDF)](https://apps.legislature.ky.gov/recorddocuments/bill/25RS/hb701/orig_bill.pdf) ## Related - [HB 501: AN ACT relating to pharmaceutical drugs.](https://policyrisk.com/state-bill/KY-HB501-2025RS) - [HB 664: AN ACT relating to the operation of a motor vehicle and declaring an emergency.](https://policyrisk.com/state-bill/KY-HB664-2025RS) - [HB 606: AN ACT relating to economic development.](https://policyrisk.com/state-bill/KY-HB606-2025RS) - [HB 421: AN ACT relating to colorectal cancer screenings.](https://policyrisk.com/state-bill/KY-HB421-2025RS) - [HB 555: AN ACT relating to local government financial practices.](https://policyrisk.com/state-bill/KY-HB555-2025RS) - [HB 493: AN ACT relating to the towing and storage of motor vehicles.](https://policyrisk.com/state-bill/KY-HB493-2025RS) - [Kentucky bills](https://policyrisk.com/states/kentucky/bills) - [Kentucky state hub](https://policyrisk.com/states/kentucky) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/KY-HB701-2025RS (as of 2026-10-19).