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HB751 • 2026

AN ACT relating to use of a credit card or debit card.

AN ACT relating to use of a credit card or debit card.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
C. Massaroni
Last action
2026-03-04
Official status
03/04/26: to Banking & Insurance (H)
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

AN ACT relating to use of a credit card or debit card.

AN ACT relating to use of a credit card or debit card.

What This Bill Does

  • AN ACT relating to use of a credit card or debit card.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-03-04 Kentucky Legislative Research Commission

    to Banking & Insurance (H)

  2. 2026-02-25 Kentucky Legislative Research Commission

    introduced in House to Committee on Committees (H)

Official Summary Text

AN ACT relating to use of a credit card or debit card.

Current Bill Text

Read the full stored bill text 
UNOFFICIAL COPY 26 RS BR 76
Page 1 of 2
XXXX 2/23/2026 1:27 PM Jacketed
AN ACT relating to use of a credit card or debit card. 1
Be it enacted by the General Assembly of the Commonwealth of Kentucky: 2
Section 1. KRS 369.135 is repealed, reenacted as a new section of KRS Chapter 3
365, and amended to read as follows: 4
(1) As used in this section: 5
(a) "Credit card" means an instrument or device, which may be in tangible or 6
electronic form, that is issued by a business organization or financial 7
institution for use by a cardholder to obtain goods, services, or anything else 8
of value on credit; 9
(b) "Debit card": 10
1. Except as provided in subparagraph 2. of this paragraph, means an 11
instrument or device, which may be in tangible or electronic form, that 12
is issued by a business organization or financial institution for use by 13
a cardholder to obtain goods, services, or an ything else of value, 14
where payment for the goods, the services, or anything else of value is 15
made using funds previously deposited by the cardholder; and 16
2. Does not include a check, draft, or other negotiable instrument, 17
whether in paper or electronic form; 18
(c) "Digital asset" has the same meaning as in KRS 369.130; and 19
(d) "Wallet" has the same meaning as in KRS 369.130. 20
(2) An individual shall not be prohibited from: 21
(a) Accepting a digital asset, credit card, or debit card as a method of [digital 22
assets for] payment for legal goods or services; or 23
(b) The use of a wallet. 24
(3)[(2)] A digital asset, credit card, or debit card [Digital assets] used as a method of 25
payment shall not be subject to additional taxes, withholdings, assessments, or 26
charges that are based solely on the use of the digital asset , credit card, or debit 27
UNOFFICIAL COPY 26 RS BR 76
Page 2 of 2
XXXX 2/23/2026 1:27 PM Jacketed
card as the method of payment. 1
(4)[(3)] This section shall not: 2
(a) Prohibit the imposition or collection of taxes, withholdings, assessments, or 3
charges on a digital asset, credit card, or debit card[digital assets] used as the 4
method of payment when the same imposition and collections of taxes, 5
withholdings, assessments, or charges are made on similar transactions which 6
use the legal tender of the United States as the method of payment; or 7
(b) Require any person to accept a digital asset, credit card, or debit card as a 8
method of[digital assets for] payment for legal goods or services. 9