republic-os/legislation/us/states/ky/2026rs/sb-189.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	AN ACT relating to the regulation of digital asset business.	Establish Subtitle 13 of KRS Chapter 286 and create new sections thereof to regulate virtual currency kiosks; establish definitions; provide for enforcement by the commissioner of the Department of Financial Institutions; establish license requirements for virtual currency kiosks; require regulatory filings to be submitted to a nationwide licensing system registry; establish initial and renewal application processes and requirements, reporting, surety bond and tangible net worth, and change of control requirements for virtual currency kiosk operators; require the commissioner to promulgate administrative regulations to establish format, document submission, fee, and trade practice requirements for virtual currency kiosk operators; establish record retention requirements for persons required to be licensed as virtual currency kiosk operators; establish trade practice requirements relating to protection of resident assets, virtual currency kiosk transactions, prohibited practices, and fraud and information security compliance procedures; authorize the commissioner to conduct investigations and examinations; provide for the confidentiality of certain documents provided to the commissioner; authorize the commissioner to share, disclose, and report information and take other actions to assist in the commissioner's duties; require the commissioner to submit an annual licensing report to the Legislative Research Commission; establish due process requirements for adverse actions taken by the commissioner against licensees and other persons; establish requirements for the denial, suspension, or revocation of a license; authorize the commissioner to enter cease and desist orders and emergency orders; authorize the commissioner to order civil penalties against persons that violate the subtitle; require the commissioner of the Department of Financial Institutions to promulgate any required emergency and ordinary administrative regulations on or before January 1, 2027; EFFECTIVE, in part, March 31, 2027.	us/states/ky	Kentucky General Assembly	2026RS	SB 189	Kentucky SB 189 (2026RS)	bill	Administrative Regulations And Proceedings Banks And Financial Institutions Commerce Consumer Protection Digital Assets Effective Dates Delayed Licensing Peace Officers And Law Enforcement Reports Mandated State Agencies	enacted	R. Mills S. Rawlings	3	33	4	2026-02-12T05:00:00+00:00	2026-04-13T04:00:00+00:00	openstates	ocd-bill/ab20ee80-f2b6-49b8-806f-679de6b7c2bd	https://apps.legislature.ky.gov/record/26RS/sb189.html	c41e41d0fe0a59eedea8bfb6ba5881b55a40155577d071b63b4f50f69cdc98b1	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ky

Kentucky SB 189 (2026RS) — AN ACT relating to the regulation of digital asset business.

Establish Subtitle 13 of KRS Chapter 286 and create new sections thereof to regulate virtual currency kiosks; establish definitions; provide for enforcement by the commissioner of the Department of Financial Institutions; establish license requirements for virtual currency kiosks; require regulatory filings to be submitted to a nationwide licensing system registry; establish initial and renewal application processes and requirements, reporting, surety bond and tangible net worth, and change of control requirements for virtual currency kiosk operators; require the commissioner to promulgate administrative regulations to establish format, document submission, fee, and trade practice requirements for virtual currency kiosk operators; establish record retention requirements for persons required to be licensed as virtual currency kiosk operators; establish trade practice requirements relating to protection of resident assets, virtual currency kiosk transactions, prohibited practices, and fraud and information security compliance procedures; authorize the commissioner to conduct investigations and examinations; provide for the confidentiality of certain documents provided to the commissioner; authorize the commissioner to share, disclose, and report information and take other actions to assist in the commissioner's duties; require the commissioner to submit an annual licensing report to the Legislative Research Commission; establish due process requirements for adverse actions taken by the commissioner against licensees and other persons; establish requirements for the denial, suspension, or revocation of a license; authorize the commissioner to enter cease and desist orders and emergency orders; authorize the commissioner to order civil penalties against persons that violate the subtitle; require the commissioner of the Department of Financial Institutions to promulgate any required emergency and ordinary administrative regulations on or before January 1, 2027; EFFECTIVE, in part, March 31, 2027.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Introduced (filed) — source
2. Acts Chapter 126 (committee substitute) — source
3. Current/Final (committee substitute) — source

Votes

• Pass — 81–7 (pass) · upper
• Adopt — 81–3 (pass) · upper
• PASS SB 189 w/ SCS 1, SFA 2 — 37–0 (pass) · upper
• FINAL PASSAGE OF SB 189 w/ HCS 1, HFA 2, HCA 1 (T) — 38–0 (pass) · upper

Sponsors

• R. Mills — primary (person)
• S. Rawlings — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2026-02-12T05:00:00+00:00 introduced in Senate introduction
• 2026-02-12T05:00:00+00:00 to Committee on Committees (S) referral-committee
• 2026-02-20T05:00:00+00:00 to Banking & Insurance (S) referral-committee
• 2026-02-24T05:00:00+00:00 reported favorably, 1st reading, to Calendar with Committee Substitute (1) committee-passage
• 2026-02-25T05:00:00+00:00 floor amendment (1) filed to Committee Substitute amendment-introduction
• 2026-02-25T05:00:00+00:00 2nd reading, to Rules reading-2
• 2026-02-26T05:00:00+00:00 floor amendment (2) filed to Committee Substitute amendment-introduction
• 2026-02-26T05:00:00+00:00 posted for passage in the Regular Orders of the Day for Friday, February 27 2026
• 2026-02-27T05:00:00+00:00 passed over and retained in the Orders of the Day passage
• 2026-03-02T05:00:00+00:00 3rd reading reading-3
• 2026-03-02T05:00:00+00:00 floor amendment (1) withdrawn
• 2026-03-02T05:00:00+00:00 passed 37-0 with Committee Substitute (1) and Floor Amendment (2) passage
• 2026-03-03T05:00:00+00:00 received in House
• 2026-03-03T05:00:00+00:00 to Committee on Committees (H) referral-committee
• 2026-03-24T04:00:00+00:00 to Banking & Insurance (H) referral-committee
• 2026-03-25T04:00:00+00:00 reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title) committee-passage
• 2026-03-25T04:00:00+00:00 floor amendment (1) filed to Committee Substitute amendment-introduction
• 2026-03-26T04:00:00+00:00 2nd reading, to Rules reading-2
• 2026-03-26T04:00:00+00:00 floor amendment (2) filed to Committee Substitute amendment-introduction
• 2026-03-27T04:00:00+00:00 posted for passage in the Regular Orders of the Day for Tuesday, March 31 2026
• 2026-03-31T04:00:00+00:00 floor amendment (3) filed to Committee Substitute amendment-introduction
• 2026-04-01T04:00:00+00:00 Committee Substitute (1) adopted
• 2026-04-01T04:00:00+00:00 floor amendment (2) adopted
• 2026-04-01T04:00:00+00:00 3rd reading, passed 81-7 with Committee Substitute (1), Floor Amendment (2) and Committee Amendment (1-title) passage, reading-3
• 2026-04-01T04:00:00+00:00 received in Senate
• 2026-04-01T04:00:00+00:00 to Rules (S) referral-committee
• 2026-04-01T04:00:00+00:00 posted for passage for concurrence in House Floor Amendment (2), Committee Substitute (1) and Committee Amendment (1-title)
• 2026-04-01T04:00:00+00:00 Senate concurred in Committee Substitute (1), Floor Amendment (2) and Committee Amendment (1-title)
• 2026-04-01T04:00:00+00:00 passed 38-0 passage
• 2026-04-01T04:00:00+00:00 enrolled, signed by President of the Senate passage
• 2026-04-01T04:00:00+00:00 enrolled, signed by Speaker of the House passage
• 2026-04-01T04:00:00+00:00 delivered to Governor
• 2026-04-13T04:00:00+00:00 signed by Governor (Acts Ch. 126) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/ab20ee80-f2b6-49b8-806f-679de6b7c2bd. Confidence: reported (aggregated from official Kentucky legislature records).