Kentucky Governor Plans to Continue Collecting Sales Tax on Gold and Silver Despite New Law
Kentucky Governor Andy Beshear has decided he’s going to continue collecting sales tax on the sale of gold and silver despite a new law repealing the levy and an attorney general opinion calling his line-item veto of the provision unconstitutional. Only five...
Now in Effect: Kentucky Law Prohibits Credit Card Codes to Track Firearms Purchases
FRANKFORT, Ky. (July 15, 2024) – Today, a Kentucky law that bans the use of a credit card merchant code that enables the tracking of firearm and ammunition purchases went into effect. Rep. Derek Lewis and three cosponsors introduced House Bill 357 (HB357). Titled...
Kentucky Repeals Sales Taxes on Gold and Silver Bullion
FRANKFORT, Ky. (April 18, 2024) – After the legislature overrode Gov. Andy Beshear’s line-item veto, a measure exempting the sale of precious metal bullion from the state sales tax became law. The new law will relieve some of the tax burdens on investors,...