KENTUCKIANS Contact Your State Senate Appropriations & Revenue Committee ASAP

The Kentucky State Senate REMOVED the sales tax exemption on currency and precious metals bullion that was promoted by the House of Representatives.

Currently, there is NO active bill language in the Kentucky General Assembly supporting the exemption.

BUT, there is still time.

Over the next 10 days, PLEASE reach out to your State Senator, particularly if they are on the Senate Appropriations and Revenue Committee and ask that they PASS the sales tax exemption on the last two days of the legislative session.

Those committee members are:
  • Chairman Chris McDaniel (Kenton County), 502-564-8100,
  • Vice Chair Amanda Mays Bledsoe (Fayette), 502-564-8100,
  • Gary Boswell (Daviess & McLean),502-564-8100,
  • Matthew Deneen (Hardin & Jefferson), 502-564-8100,
  • Donald Douglas (Fayette, Garrard, & Jessamine), 502-564-8100,
  • Shelley Funke Frommeyer (Bracken, Campbell, Kenton & Pendleton), 502-564-8100,
  • Senate President Pro Tem David P. Givens (Barren, Edmonson, Green, Hart & Warren), 502-564-3120,
  • Gerald A. Neal (Jefferson), 502-564-8100,
  • Michael J. Nemes (Bullitt & Jefferson), 502-564-8100,
  • Robin L. Webb (Boyd, Carter, Greenup & Lewis), 502-564-8100,

The other members of Senate Leadership who will play an active role in deciding the fate of this exemption are:
  • Senate President Robert Stivers (Clay, Jackson, Knox, McCreary, Owsley & Whitley), 502-564-3120,
  • Senate Majority Floor Leader Damon Thayer (Fayette, Grant, Kenton & Scott), 502-564-2450,
  • Senate Caucus Chair Julie Raque Adams (Jefferson), 502-564-2450,
  • Senate Majority Whip Mike Wilson (Warren), 502-564-2450,
Below is a sample message that might be helpful in drafting a message for a phone call, preferably, or an email. This sample is only a suggestion. The more unique each phone call or email is, the better, so please use your own words.

Identify yourself so they know you are a Kentucky constituent, and provide your address and telephone number.

If you are a dealer, mention the name of your business and how long you have been in business.
===== SAMPLE =====

Subject: HB 360 - There is still time

Dear Senator ____________________,

My name is _________________ [your business name, if applicable, and address], and I am writing in support of HB 360, which eliminates the sales and use tax on currency and bullion.

With the session quickly running out of time, it is not too late to exempt the unfair, double taxation on currency and precious metals bullion.

Please restore the sales tax exemption that was stripped from HB 360.

Removing this unfair tax will spur new tax dollars and advance the legislature's goal of eliminating the income tax: more employees, higher payroll taxes, new business investment, and most importantly, driving new tourism to Kentucky. Trade shows simply do not put Kentucky on their list of destinations for thousands of enthusiasts across the country.

There has never been a better time than now to help Kentuckians diversify their portfolios against domestic economic mismanagement and reckless foreign adversaries.

Thank you for taking the time to consider this request to restore the sales tax exemption that was stripped from HB 360.


Your Name
[Business Name, if applicable]
Phone Number
Email Address

We cannot stress enough the urgency of making these contacts TODAY.

Very important! Send a copy of your communication to your senator and their replies, if any, to, to help us keep track of everyone's outreach and feedback.

Please share this alert with other Kentucky coin-business owners, collectors, and investors.

Thank you for your time and attention on this very important request.

If you are not an NCBA member, please consider joining.

Here's how your dues will help us:
  • FIGHT to keep sales-tax exemptions in 41 states (with more in the works)
  • ELIMINATE onerous and burdensome regulations, like the Minnesota law that threatened to put dealers out of business
  • PROTECT you from counterfeits through the Hobby Protection Act and educational programs
  • MONITOR every proposed law or regulation related to currency or bullion in all 50 states and the federal government
  • MOBILIZE the dealer and collector communities when state and federal laws threaten your hobby like the SCOTUS South Dakota v. Wayfair decision